Consumer
Whirlpool Tumbles as Tariff Delays Cause Outlook, Dividend Cuts
Whirlpool Corp. refrigerators at a distribution center in Wilmer, Texas.
Photographer: Sergio Flores/BloombergWhirlpool Corp. tumbled as tariff uncertainty upended expected benefits from the levy regime, forcing the appliance-maker to slash its outlook and dividend to shore up its financial position.
The stock plunged as much as 14% in New York, the steepest intraday drop since January.