🔴 ABB is trading 4.52% down after Q3 revenue came in slightly below forecasts

ABB is trading at CHF 71.32, down 4.52%, after Q3 revenue came in slightly below analysts’ forecast.

• On October 20, ABB reported revenue up 14% to $9.70 billion, just below analysts’ $9.74 billion forecast.
• Operational EBITA rose 24% and orders climbed 40%, with record orders and strong data-centre demand.
• The revenue shortfall is the clearest company-specific catalyst identified in reporting, which does not establish the precise trading mechanism.