Terex’s disappointing forecast triggers selloff for Caterpillar, peers (NYSE:TEX)


Excavator At Diemen The Netherlands

Robert vt Hoenderdaal/iStock Editorial via Getty Images

Terex’s (NYSE:TEX) stock on Wednesday fell 9.5% to a five-month low, a day after providing a disappointing earnings estimate. Other construction-related companies also faced selling pressure.

Terex (TEX), a maker of lifting and material-handling machinery and vehicles, on Tuesday raised

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