It was a rough week for Whirlpool on Wall Street. Friday trading closed at $35.21 , after an intra-day low of $35.07.
Both are new 52-week lows for the stock and a fraction of what the stock was worth a few years ago. Analysts at Bank of America had reduced their ‘target price’ for WHR to $ 31, amid declining demand projections for home appliances.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.