• Modine Manufacturing Company is trading 5.1% up at $298.46 following recent announcements of new long-term capacity and volume agreements for its Airedale data center cooling solutions, including with an existing hyperscaler customer.
  • These agreements, some covering over $4 billion in data center cooling products for 2027-2029, highlight Modine's growing role in specialized cooling technology for large-scale data centers.
  • The positive sentiment is further supported by strong quarterly earnings and positive free cash flow reported in recent weeks.