India, July 15 -- Pentair plc (PNR) shares fell 15.47 percent, losing $11.71 to trade at $63.97 on Wednesday possibly after the water solutions company announced a chief financial officer transition, issued preliminary second-quarter results and sharply lowered its full-year 2026 guidance due to significant inventory destocking in its Pool business yesterday.
The stock opened at $57.99 and traded between $57.99 and $66.87 during the session on the New York Stock Exchange. It has traded in a 52-week range of $57.99 to $113.95. Trading volume reached 4.74 million shares, compared with an average daily volume of 2.26 million shares.
The company said former CFO Bob Fishman has returned as interim CFO following the departure of Nicholas Brazis...