🔴 British American Tobacco is trading 7% down in after-hours trading

British American Tobacco is trading at $55.42, down 6.84%, with the reason for the sharp after-hours move unclear.

• No verified late-breaking company announcement directly explains the decline.
• Reports point to possible EU tobacco-tax changes and other tobacco-industry pressures, but do not establish that these caused the move.
• The planned 9,000-role workforce reduction was reported earlier in the week and is not a confirmed after-hours catalyst for October 23.