Manitowoc Shares Drop After Wells Fargo 'Underweight' Rating

Manitowocs shares drop as Wells Fargo assigns Underweight rating, citing concerns over Chinese crane imports in EU. Despite the three-point-five percent decline, the stock remains up twenty-four percent year-to-date, but is seventeen percent below its fifty-two-week high.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.