Stock Track | CATL Plummets 5.07% Intraday Amid Sodium Battery Disruption Fears and Heavy Capital Outflows

Stock Track
Jun 10

CATL's stock plunged 5.07% during intraday trading on Wednesday, extending a recent downtrend for the battery manufacturer.

The sharp decline was driven by growing market concerns that sodium-lithium battery price parity could be achieved by year-end, potentially disrupting CATL's core lithium battery business and related electrolyte demand. Additionally, the company has faced sustained institutional capital outflows, with significant profit-taking by large funds following strong quarterly results.

The broader Electrical Components & Equipment sector showed uniform weakness, contributing to the negative sentiment surrounding CATL's stock performance during the session.

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