Skip to content
The Nexus
BUSINESSMay 7 · 12:31 UTCCNBC TOP

Whirlpool says Iran war causing 'recession-level industry decline.' The shares are down 20%

Whirlpool reports a recession-level industry decline due to the war in Iran, resulting in a 20% drop in shares as consumer confidence collapsed in late February and March. The company attributes this decline to the war's impact on the US industry. This significant decline affects Whirlpool's performance.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
Spot something wrong with this article?Report a problem →
Forward this