Amotiv is trading 10.46% lower at A$5.05 after revising its FY27 outlook on October 27. - First-quarter like-for-like revenue was 5% below a year earlier, amid subdued vehicle sales and flooding-related supply disruption in Thailand. - FY27 revenue and underlying EBITA, excluding VAFI, are expected to be up to 5% below FY26 continuing operations. - Amotiv announced an on-market buyback of up to 5% of shares; the technology rally was in the opposite direction, not the cause of the drop.