Modine Manufacturing is trading 4.85% lower at $150.10 in pre-market amid a broader selloff in AI-linked technology shares after hotter-than-expected U.S. inflation revived rate-hike concerns.
- No company-specific negative announcement was identified in the available search results.
- Nasdaq futures were down 1.15% pre-market.
- Reuters reported tech-led declines and pressure on AI stocks sensitive to borrowing costs.