Enersys is trading 4.3% down at $166.00, amid broader inflation and rate concerns.
- September CPI accelerated to 3.7% year over year, reviving rate-hike worries and pressuring equities.
- Industrials were also weak, with XLI down 1.58%; supplied price context shows a further drop after October 14βs close.
- No clear company-specific catalyst has been identified; Navi Grewalβs October 14 appointment is not an obvious negative trigger.