🔴 ITM Power is trading 6.33% down today as oil exceeds $100, stoking rate fears

ITM Power is trading 6.33% down now at £102.10 after a broad industrial-sector selloff linked to oil exceeding $100 and renewed inflation concerns.

• Escalating U.S.-Iran tensions and hotter producer-price inflation increased expectations for higher interest rates, pressuring cyclical stocks.
• No clear company-specific announcement, earnings update, or analyst action was identified for September 10-11, 2026.
• The move appears primarily sector-driven, consistent with the reported industrials decline.