Watsco (WSO) falls 1.14% for January 14

Equities Staff  |

Today, Watsco Inc. - Class A Inc’s (NYSE: WSO) stock fell $3.44, accounting for a 1.14% decrease. Watsco opened at $301.37 before trading between $303.92 and $293.75 throughout Friday’s session. The activity saw Watsco’s market cap fall to $11,564,119,741 on 148,004 shares -above their 30-day average of 138,782.

Watsco employs around 5200 people with a head office in Coconut Grove, Florida.

About Watsco Inc. - Class A

Watsco is the largest distribution network for heating, air conditioning and refrigeration (HVAC/R) products with locations in the United States, Canada, Mexico and Puerto Rico, and on an export basis to Latin America and the Caribbean. Watsco estimates that over 300,000 contractors and technicians visit or call one of its 600 locations each year to get information, obtain technical support and buy products. HVAC/R products provide comfort to homes and businesses regardless of the outdoor climate. Older systems often operate below today's government mandated energy efficiency and environmental standards. Watsco has an opportunity to accelerate the replacement of these systems at a scale greater than its competitors as the movement toward reducing energy consumption and its environmental impact continues. This is especially important since heating and cooling accounts for approximately half of the energy consumed in a typical U.S. home.

Visit Watsco Inc. - Class A's profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Watsco Inc. - Class A and to follow the company's latest updates, you can visit the company's profile page here: Watsco Inc. - Class A's Profile. For more news on the financial markets be sure to visit Equities News. Also, don't forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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