NKT falls on negative read-across from Nexans sales miss
** Shares in Danish cable solutions provider NKT NKT.CO slide 4.4% after peer Nexans NEXS.PA posted quarterly sales below expectations
** The French group on Wednesday reported Q3 standard sales that missed a Visible Alpha consensus by 6%
** Nordnet analyst Per Hansen links NKT share price slump with Nexans' report, but also notes NKT shares have been richly priced
** Including Wednesday's fall, the stock has gained 36.8% YTD
** Hansen says NKT has been a very successful green transition stock, in contrast to other clean energy names like Vestas VWS.CO and Ørsted ORSTED.CO, so there is a chance investors are booking profits
** The stock, on track for its worst day since July if the losses hold, is among worst performers on the pan-European STOXX 600 index .STOXX
Reporting by Izabela Niemiec
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