Nasdaq Down Over 200 Points; US Consumer Prices Increase 0.4% In October
U.S. stocks fell as October CPI topped expectations; energy led losses. Oil and gold declined, while European and Asian markets advanced.
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Microvast Holdings (NASDAQ:MVST) reported third-quarter financial results on Monday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by Benzinga
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U.S. stocks fell as October CPI topped expectations; energy led losses. Oil and gold declined, while European and Asian markets advanced.
Microvast announced its unaudited financial results for the third quarter ended September 30, 2026, reporting a significant decline in revenue and a net loss of $76.8 million.
Microvast (MVST) stock plunged after Q3 revenue fell to $45.8M and adjusted EPS missed estimates amid ongoing going-concern warnings.