Otis Stock Drops, Schindler Surges in Specialty Industrial Machinery

Otis, a leading player in the specialty industrial machinery sector, has seen its stock price drop by nearly nineteen percent this year, underperforming the broader market and its competitor, Schindler Holding. Despite its strong brand and service revenue, Otis stock has been on a downward trend since late July, with analysts advising a cautious stance and an average potential upside of seventeen point seven percent.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.