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…