Whirlpool shares plunged nearly 17% after the appliance maker cut its 2026 outlook, suspended dividends, and warned of further price hikes. Weak consumer demand, rising inflationary pressures, tariff uncertainty, and slowing housing activity continue to weigh on the company’s performance, while analysts remain cautious about the timing of any recovery.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets