Contemporary Amperex Technology Co., Limited is trading 7.4% down at $6.85 following a sharp sell-off in lithium-related stocks highlighted by JPMorgan.
- The decline is driven by sector-wide weakness in the broader lithium market rather than company-specific news.
- Investors are reacting to JPMorgan’s cautious stance on lithium names, which has pressured sentiment across the battery and materials space.