🔴 Modine Manufacturing is trading 4.53% down in pre-market amid broader AI-cost worries and Gulf tensions

Modine Manufacturing is trading at $143.00, down -4.53%, in pre-market on October 22 amid broader risk-off sentiment.

• No clear company-specific announcement surfaced; Reuters cited renewed AI-cost worries and Gulf tensions, with U.S. stock futures lower.
• MarketWatch’s 4:45 a.m. quote showed 2.08K in before-hours volume; the October 21 close was $149.78.
• Modine’s next earnings call was announced for November 4, not October 22; Cantor Fitzgerald’s prior bullish coverage does not explain the drop.