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32.11
0.19%
-0.06
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Why is Sensata Technologies Holding Plc (ST) Stock down?
We've noticed a 6.12% decline in Sensata Technologies Holding Plc (ST) stock during the 2024-11-05 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
31 Oct, 2023:
Sensata Technologies Holding (ST) dropped by 6.51% from $34.10 to $31.88 in the trading on Tuesday October 31, 2023. The reason why ST stock down today include:
- Q3 financial results and guidance: Sensata fell short of analysts' expectations in Q3 FY2023, with revenue down 1.67% Y/Y to $1 billion. Next quarter's revenue guidance of $975 million was not impressive, coming in 3.7% below analysts' estimates.
- Leadership transition: Brian K. Roberts has been named as Sensata’s new CFO. Brian will succeed Paul Vasington, who has decided to retire from the company after nearly 10 years as CFO.
1.55%
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