🔴 Modine Manufacturing is trading 10.2% down as investors question profitability of AI infrastructure spending

Modine Manufacturing is trading at $134.56 (-10.16%) amid broad risk-off pressure as investors question the profitability of heavy AI infrastructure spending. - No clear new announcement explaining the October 22 decline surfaced in available reporting. - Industrials are also lower, with the sector down 1.96%. - Gentherm’s earnings miss is relevant after its October 1 combination with Modine’s Performance Technologies business, but available sources do not establish it as the direct cause of Modine Manufacturing’s move.