CATL Shares Fall 10% After Third-Quarter Earnings Miss
CATL shares were down 10% in Hong Kong by midday Wednesday after weaker-than-expected third-quarter earnings; analysts lowered their target prices.
By Jiahui HuangShares of Contemporary Amperex Technology fell sharply after weaker-than-expected third-quarter earnings prompted analysts to lower their target prices for the world's largest battery maker.CATL shares were down 10% in Hong Kong by midday Wednesday, which would be a record drop if su…