Manitowoc (MTW -7.9%) shares slide after Ali Group reportedly says it isn't interested in...

|About: Manitowoc Company, Inc. (MTW)|By:, SA News Editor

Manitowoc (MTW -7.9%) shares slide after Ali Group reportedly says it isn't interested in acquiring the company's food service distribution. MTW stock was trading at $14 on Friday before rumors of a potential sale crossed wires and drove the stock up to ~$15.20.