Whirlpool Corp. (WHR)

Index:

S&P 500

$ 83.10
   
  • Change Today:
    $-2.56
  • 52 Week High: $133.14
  • 52 Week Low: $80.10
  • Currency: US Dollars
  • Shares Issued: 55.00m
  • Volume: 1,639,277
  • Market Cap: $4,570.50m
  • RiskGrade: 182
  • Beta: 0.72

Whirlpool warns of 435,000 dangerous tumble dryers

By Caoimhe Toman

Date: Friday 13 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Whirlpool issued a warning on Friday linked to a fault in hundreds of thousands of tumble dryers that posed a potential fie hazard for families.
According to the manufacturer, a defect in the machines allows fluff to come into contact with heating elements.

The firm therefore launched a full recall involving 500,000 dryers in July, but only 65,000 owners had since come forward.

But the problems with its machines went back much further, with some 1.7m machines having already been modified as part of a safety campaign launched in 2015.

Whirlpool vice president Jeff Noel said: "We're hugely grateful to everyone who has come forward so far, but, if there are people still out there with affected dryers, please contact us immediately.

"Nothing matters more to us than people's safety, so it's absolutely vital that we can identify where these affected dryers are and resolve the issue.

"We can assure consumers that we are doing everything we can, and that we can quickly provide a remedy as soon as they get in touch."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Whirlpool Corp. Market Data

Currency US Dollars
Share Price $ 83.10
Change Today $ -2.56
% Change -2.99 %
52 Week High $133.14
52 Week Low $80.10
Volume 1,639,277
Shares Issued 55.00m
Market Cap $4,570.50m
Beta 0.72
RiskGrade 182

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 4
Sell 3
Strong Sell 0
Total 9
neutral
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Trades for 07-Apr-2025

Time Volume / Share Price
15:59 700 @ $83.05
15:59 110 @ $83.12
15:59 200 @ $83.15
15:59 100 @ $83.11
15:59 100 @ $83.10

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