Vertiv Stock Plummets 20.75% in Four Days, Trading Volume Ranks 67th

Generado por agente de IAAinvest Market Brief
viernes, 28 de marzo de 2025, 7:35 pm ET1 min de lectura
VRT--

On March 28, 2025, Vertiv's trading volume reached 9.70 billion, ranking 67th in the day's stock market. VertivVRT-- (VRT) fell 2.71%, marking its fourth consecutive day of decline, with a total drop of 20.75% over the past four days.

Barclays analysts reduced their price target for Vertiv, a manufacturer of cooling systems for AI data centers. The analysts lowered their target price from $111.00 to $100.00 and maintained an "equal weight" rating on the stock. This move was cited as a potential pressure point for the company, contributing to the decline in Vertiv's stock price.

TD Cowen also commented on Vertiv, expressing concerns about order issues, which further contributed to the stock's decline. The combined impact of these analyst actions and market sentiment led to a notable decrease in Vertiv's share value.

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