🔴 Ceres Power is trading 7.27% down today as gross margin fell to 71%

Ceres Power is trading at £402.63, down 7.27%, as investors reassessed its September 23, 2026 interim results.

• Revenue rose 8% to £22.8 million; losses narrowed, while gross margin fell to 71% from 79% and the cash balance grew.
• Shares had already rallied sharply; coverage cited profit-taking and profitability concerns despite narrower losses and a larger cash balance.
• Higher yields weighed on equities in a broader risk-off market, though results and the margin outlook were the clearest catalyst.