🔴 CATL is trading 11% down today after third-quarter earnings missed forecasts

CATL is trading THB 3.56, down 10.55%, after third-quarter earnings missed analyst forecasts.

• The October 21 selloff followed net profit of 21.25 billion yuan, up 14.5% year over year but below the roughly 26 billion yuan forecast; revenue was 165 billion yuan and also missed expectations.
• Bloomberg reported the earnings shortfall; Morningstar cited margin pressure and higher expenses.
• The move is in live trading; no volume data was provided. The positive technology-sector trend does not explain CATL’s decline.