🟢 Modine Manufacturing is trading 7.03% up in pre-market

Modine Manufacturing is trading 7.03% up at $97.82 in pre-market on November 6, with no clearly identified catalyst for the rebound.

• It closed at $91.39 on November 5; price context shows a sharp rebound following steep losses earlier in the week.
• Recent earnings showed strong data-center sales and raised revenue guidance, but adjusted EPS missed expectations and margin pressures remained. Results and subsequent analyst price-target cuts accompanied the decline, not a clearly identified reason for this morning’s rebound.