Why Whirlpool Stock Is Up Big Today
Whirlpool (NYSE: WHR) is reportedly a potential acquisition target for a German industrial conglomerate.
Shares of the U.S. appliance maker traded up as much as 19% on Wednesday, and were up 15% as of 11 a.m. based on speculation that a potential offer with a premium could appear.
Whirlpool is one of the largest manufacturers of home appliances based in the United States, with a business increasingly under pressure from foreign rivals. In recent years, the company has divested its Middle Eastern and African operations and formed a joint venture to manage its European business, part of a plan to conserve cash and fight off competition in its home markets.
Source Fool.com
Whirlpool Corp. Aktie
37,29 €
-1,33 %
Die Whirlpool Corp. Aktie steht nicht so gut da: Mehr Sell- als Buy-Einschätzungen in der Community.
Das Kursziel von 31 € für Whirlpool Corp. impliziert eine leichte Minderung gegenüber dem aktuellen Kurs von 37.29 €.
