Over the past three months, shares of ABB Inc. (NYSE:ABB) moved higher by 5.99%. When understanding a companies price change over a time period like 3 months, it could be helpful to look at its financials.
ABB's (NYSE:ABB) short percent of float has risen 20.0% since its last report. The company recently reported that it has 2.22 million shares sold short, which is 0.12% of all regular shares that are available for trading.
U.S. stocks closed sharply higher with the Dow Jones jumping more than 750 points on Monday. Here is the list of some big stocks recording losses in the previous session.
ABB today announced it will acquire the PowerTech Converter (PTC) business, a leading supplier of auxiliary power converter solutions for light rail vehicles and metros. The acquisition is an important part of ABB Motion's external growth strategy.