Modine Manufacturing Stock Drops After Weak Quarterly Sales, Mixed Guidance
MODModine Manufacturing pany(MOD) investopedia.com·2024-05-22 20:15

Key Takeaways Modine Manufacturing shares fell sharply ahead of Wednesday's opening bell after the thermal- management solutions provider posted weaker-than-expected quarterly sales and issued mixed guidance. The company is adding additional data center manufacturing capacity in the United States, Canada, and the United Kingdom. Modine Manufacturing shares find support around $94 level from a three-month horizontal line that sits in close proximity to the 50-day moving average. Shares in Modine Manufacturin ...