🔴 Modine Manufacturing is trading 4.8% down today amid broader market weakness

Modine Manufacturing is trading at $188.53, down 4.81%, as broader market weakness may contribute.

• No fresh company announcement directly explains the September 28 decline. The planned spin-off and Gentherm transaction enter due-bill trading September 28; the release does not tie the drop to those mechanics. Ex-spin is expected October 2, when shares are expected to reflect Gentherm distribution value.
• The S&P 500 is down 0.88%, Nasdaq down 1.22%, and Dow down 0.68%, alongside rising oil prices and Treasury yields.