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NASDAQ:THRM News 29 January 2026

Modine stock jumps nearly 19% as $1 billion Gentherm tie-up sharpens data center cooling focus

Modine stock jumps nearly 19% as $1 billion Gentherm tie-up sharpens data center cooling focus

New York, Jan 29, 2026, 12:47 (EST) — Regular session Modine Manufacturing Co shares were up 18.6% at $174.15 in afternoon trading in New York, after touching a session high of $182.44. The move followed an announcement that Modine will spin off its Performance Technologies business and simultaneously combine it with Gentherm in a Reverse Morris Trust — a structure…

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  • Thursday Options Activity Highlights Surge in GS, CEG, CVX Volume
    January 29, 2026, 4:44 PM EST. Goldman Sachs (GS) saw options volume hit 12,360 contracts, nearly 51% of its average daily share volume, led by the $950 call expiring January 2026 with 683 contracts. Constellation Energy (CEG) recorded 18,986 contracts, around 50% of average daily volume, driven by the $390 call expiring May 2026 with 4,850 contracts traded. Chevron (CVX) options volume reached 51,531 contracts, representing 44% of average daily share volume, with the $175 call expiring March 2026 seeing 3,584 contracts. These volumes suggest increased speculator interest in longer-term calls across the S&P 500 components.
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