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SN News4 articles
Whirlpool Stock Tumbles on Debt Woes and Housing Slump
Whirlpool (WHR) shares dropped 7.8% as its $7.1 billion debt burden and a struggling housing market raised investor concerns about leverage.
Whirlpool Stock Surges 7.6% Amid Focus on Debt, Cash Flow Targets
Whirlpool shares jumped 7.6% Friday, adding $171M in market cap, as the market weighs its $2B note issue and targets for debt reduction and free cash flow.
Whirlpool Surges 10% as Short Interest Tops 20% of Float
Whirlpool shares surged up to 10.5% after data showed short interest had grown to 21.21% of the float, triggering a short squeeze. The stock remains under pressure from weak housing and margin challenges.
FTSE 100 Hits Record High Amid Iran Tensions, Oil Volatility
London's FTSE 100 index reached a new all-time high of 10,910.55, while escalating tensions in the Middle East sent oil prices higher. A busy week of corporate earnings and economic data lies ahead.