Whirlpool Blames Iran War for “Recession-Level” Appliance Crash – Stock Drops 21%
Whirlpool says Iran war hurt US appliance sales, causing recession-like drop. It halves 2026 profit forecast and suspends dividend.
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Whirlpool says Iran war hurt US appliance sales, causing recession-like drop. It halves 2026 profit forecast and suspends dividend.
Whirlpool (WHR) announces $800M offering of new shares and convertible preferred stock to reduce $6.5B debt and fund growth. Shares fall 8% premarket on dilution fears.