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
47,61 €
1,56 %
Leichtes Sell-Übergewicht bei der Whirlpool Corp. Aktie mit 6 zu 3 Einschätzungen.
Trotz eines Kursziels von 101 €, das über 47.61 € liegt, ergibt sich für Whirlpool Corp. ein Potenzial von 112.14%.
