Modine Stock Jumps After Report Names Google, Amazon as Data Center Cooling Customers
Modine Manufacturing Co (NYSE:MOD) shares are rising Friday. An investigative report from Hunterbrook Media identified Google as the previously unnamed customer behind Modine's $4 billion cooling agreement. Here's what you should know.
A report says Modine sells cooling systems to Google and Amazon, which are huge tech companies building data centers. This news made investors more confident about Modine's big business deal, so they bought more of its stock.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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