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Vertiv Holdings Co (NYSE:VRT) shares are trading lower after the company reported third-quarter results. Net sales rose 19% year-over-year to $2.074 billion, beating the consensus of $1.977 billion.
The stock is down 8.1% as of 3 p.m. ET. Yet, the earnings had a very important piece of good news for stocks building out AI infrastructure. Why AI Stocks NVIDIA (NVDA), Marvell (MRVL), and Vertiv ...
Vertiv Holdings Co (NYSE:VRT) shares are trading lower after the company reported fourth-quarter results. Net sales rose 26% year-over-year to $2.346 billion, beating the consensus of $2.151 billion.
Stocks involved in the AI infrastructure build-out saw a punishing sell-off on Monday. Many leading names in the trade like Vertiv (NYSE: VRT) and Credo (Nasdaq: CRDO) dropped by more than 30% in ...
Vertiv management told investors not to expect recent growth rates to persist.
Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments. Headquartered in Westerville, Ohio , Vertiv has ~31,000 employees worldwide, operating in more than 40 countries and with 23 manufacturing and assembly facilities.
Before you buy stock in Vertiv, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Vertiv wasn’t ...
The business was rebranded under the name Vertiv, launching as a stand-alone business. [7] In 2021, Chloride became an independent privately held company as a result of the buy-out of the business division of Vertiv by its management team supported by private investment fond Innovafonds and sovereign bank Bpifrance. The scope of the transaction ...