Whirlpool plunges on US recession warning

Shares in Whirlpool (WHR) plunged to a five-year low on Wall Street after the iconic home appliances company cut FY26 earnings guidance in half. The Michigan-based firm also warned the Iran war has caused a severe downturn in the US. Share price: $47.3 (-13.6%) PE: 11.1x Market cap: $3.5bn Yield: n/a Whirlpool’s alert confirmed that … Continue reading Whirlpool plunges on US recession warning