GE Vernova Plummets 4.63% in Single Day, Trading Volume Ranks 45th

On March 27, 2025, GE Vernova (GEV) experienced a significant decline, dropping 4.63% in a single day, marking its third consecutive day of losses with a cumulative decrease of 11.81%. The trading volume for GE Vernova reached 11.70 billion, placing it at the 45th position in the day's stock market rankings.

GE Vernova Inc. is a global energy company with a focus on Power, Wind, and Electrification segments. The company's operations are supported by its accelerator, which aims to drive innovation and growth in the energy sector.

Jefferies has maintained its Buy recommendation on GE Vernova shares, while raising its target price to $413 from $391. The firm's optimism is driven by a robust order book, which has led to increased forecasts for the coming years. Despite challenges in the wind power sector, particularly with the Trump administration, Jefferies highlights offsetting factors such as gas and electrification as key drivers for the company's growth.