MOD · NYSE
MOD · NYSE
132.91 USD
-5.88 (-4.23%)
MOD fell 5.48% in the first sharp move today as technology-heavy U.S. futures sold off and volatility rose, with the Nasdaq futures down 2.26% and the S&P 500 futures down 0.98% at 09:50 UTC. The stock's high beta amplified that market decline, while HVAC peers also traded lower, led by TT down 1.51% intraday. The recent B. Riley price-target cut to $285 on October 29 added pressure, but the move was primarily market-driven. B. Riley price-target cut
MOD fell 5.48% in the first sharp move today as technology-heavy U.S. futures sold off and volatility rose, with the Nasdaq futures down 2.26% and the S&P 500 futures down 0.98% at 09:50 UTC. The stock's high beta amplified that market decline, while HVAC peers also traded lower, led by TT down 1.51% intraday. The recent B. Riley price-target cut to $285 on October 29 added pressure, but the move was primarily market-driven. B. Riley price-target cut