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GE Vernova Stock Plummets 17.93% in Two Days, Trading Volume Ranks 53rd
Generated by AI AgentAinvest Market Brief
Friday, Apr 4, 2025 8:04 pm ET1min read
On April 4, 2025,
(GEV) experienced a significant decline, with its stock price dropping by 8.80% over the course of two consecutive days, resulting in a total decrease of 17.93%. The trading volume for GE Vernova reached 21.63 billion, placing it at the 53rd position in terms of trading volume for the day.GE Vernova has recently secured a substantial contract to supply turbines for a $10 billion natural gas-powered data center project. This development is expected to bolster the company's momentum and potentially drive future growth.
GE Vernova's stock has shown volatility, with its price ranging from $119.00 to $447.50 over the past 52 weeks. The company's market capitalization stands at $82.12 billion, with 275.9 million shares outstanding and a public float of 275.74 million shares.
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