Whirlpool shares drop 20% as appliance giant warns consumer sentiment at ‘recession level lows’ on Iran war
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Source: New York Post
Published: 2026-05-08 04:45 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Economy & Finance, Business & Economy, War & Conflict
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Snippet:
Whirlpool’s shares plunged more than 20% after the company said consumer confidence has fallen to “recession level lows” because of the Iran war, tanking demand for its big appliances.
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