🟢 VNET Group is trading 6% up today on renewed focus on 345MW orders

VNET Group is trading 6.07% up at $6.78 after recovering from the August 18 earnings-related selloff, with renewed focus on 345MW orders, CATL cooperation and reaffirmed 2026 guidance.

• Second-quarter revenue rose 14.2% year over year to RMB2.78 billion; adjusted EBITDA increased 25.4%, and wholesale IDC revenue grew 29.3%.
• Revenue narrowly missed estimates, while adjusted EPS missed sharply.