Why Whirlpool Stock Is Down Big Today
Tariffs and trade wars are eating into business at (NYSE: WHR), causing the company to miss expectations. Investors are worried there is no quick fix, sending Whirlpool shares down 11% as of 10:30 Eastern.
Image source: Getty Images.
Whirlpool is one of the potential long-term winners from a trade war, with a relatively large U.S. manufacturing footprint and a business vulnerable to foreign competition. But the tariffs have been more talk than action so far, and that is weighing on returns.
Source Fool.com
Whirlpool Corp. Aktie
66,18 €
-0,30 %
Mehr Sell- als Buy-Zahlen bei Whirlpool Corp. zeigen ein leicht negatives Sentiment.
Das Kursziel von 66 € für Whirlpool Corp. wurde mit dem heutigen Kurs von 66.18 € erreicht.
