Consumer

Whirlpool Tumbles as Tariff Delays Cause Outlook, Dividend Cuts

Whirlpool Corp. refrigerators at a distribution center in Wilmer, Texas.

Photographer: Sergio Flores/Bloomberg

Whirlpool 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.