Whirlpool Down 8% After Sears Announces Store Closures

The shares of Whirlpool WHR are down down 8 percent on the session after Sears SHLD announced it will be closing a number of stores. Sears is the major supplier of Whirlpool's Kenmore products. The company was not available for the comments, but the traders clearly are preparing for the worst. Whirlpool is currently trading at $46.91, a loss of $4.28 or 8.36%.