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September 01, 2020 1:20pm
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Johnson Control stock leads S&P 500 losers as supply-chain troubles trump strong demand, leading to lowered outlook

Shares of Johnson Controls International PLC were having their worst day in 13 years, after the building products and HVAC company reported fiscal second-quarter revenue that missed expectations and slashed its full-year earnings outlook, as accelerating demand lost out to overseas troubles and supply-chain disruptions.
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