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7.20980533524939E-05 0.00115356885364093 0.00374909877433296 0.00562364816149965 0.0031723143475126 -0.00562364816149965 -0.0031723143475126 0.00187454938716648
Stock impact report

Whirlpool (WHR) Stock Is Up, What You Need To Know [Yahoo! Finance]

Whirlpool Corporation (WHR) 
Last whirlpool corporation earnings: 4/30 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
reacted to news that famed investor David Tepper's hedge fund, Appaloosa LP, disclosed a significant new stake in the company. According to regulatory filings, Appaloosa added over 5.2 million shares of Whirlpool during the third quarter, increasing its position by more than 1,900%. The fund's total holding stood at 5.5 million shares, which was valued at approximately $430 million. This substantial investment made the appliance maker one of Appaloosa's largest holdings and gave the fund a 9.8% ownership stake in the company. Such a large buy-in from a well-regarded institutional investor signaled confidence in a company's prospects, which encouraged other investors. After the initial pop the shares cooled down to $68.99, up 4.5% from previous close. Is now the time to buy Whirlpool? Access our full analysis report here What Is The Market Telling Us Whirlpool's shares are quite volatile and have had 16 moves greater than 5% over the last year. In that context, today's move ind Show less Read more
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