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GE Vernova Stock Drops 1.76% in Two Days, Trading Volume Ranks 56th in Market
Generated by AI AgentAinvest Volume Radar
Thursday, Jun 5, 2025 8:09 pm ET1min read
On June 5, 2025,
(GEV) experienced a decline of 0.78%, marking its second consecutive day of decrease, with a total drop of 1.76% over the past two days. The trading volume for GE Vernova reached 11.87 billion, placing it at the 56th position in the daily stock market rankings.GE Vernova has announced a significant upgrade project for three GT26 gas turbines at Uniper's Grain power plant in Kent, UK. The project, set to commence in 2026, aims to enhance the power output and efficiency of the turbines. This initiative is part of GE Vernova's ongoing efforts to improve the performance and sustainability of its energy solutions.
Uniper, one of Europe's leading power and gas companies, has contracted GE Vernova to carry out the upgrade. This collaboration underscores the strategic partnership between the two companies in advancing energy infrastructure and technology. The upgrade is expected to contribute to the overall efficiency and reliability of the Grain power station, benefiting both Uniper and the broader energy market.
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