Schneider Electric is trading 4.84% down at €251.60, as the October 14 decline came amid broader pressure after hotter-than-expected U.S. inflation raised interest-rate concerns and weighed on industrial and growth stocks.
- Investors are scrutinizing the planned $22.6 billion PTC acquisition, including its 42% premium and financing needs; coverage says the deal has kept shares under pressure.
- The company’s Q3 revenue update is scheduled for October 16.