Solstice Advanced Materials Moves Ahead of Sector
Solstice Advanced Materials shares rose 0.9% to $84.95 Monday afternoon, outpacing the broader materials sector ahead of a June 4 nuclear-business webinar and a June 10 dividend payout. First-quarter net income fell 37% to $85 million despite a 10% sales increase to $991 million. The company maintained full-year guidance. Solstice began trading as a Honeywell spin-off last October.