MOD is trading at $278.80 (down 5.7%) in pre-market, extending weakness after a recent sharp rally and reports of insider selling.
- Commercial HVAC President Eric S. McGinnis sold 1,020 shares totaling $300,966, according to June 22 filings, following a 4.75% surge in the previous session.
- The stock is facing additional pressure as broader index futures trade lower, contributing to a pullback from recent price peaks.