Market News / Story
Why Vertiv (VRT) Stock Is Down Today
Stock Story ·
Stock Story reports: What Happened? Shares of data center products and services company Vertiv fell 3.5% in the afternoon session after downward momentum continued as GLJ Research initiated coverage on the company with a Sell rating and a $188 price target, as reported by StreetInsider, while broader macroeconomic headwinds weighed heavily on artificial intelligence infrastructure stocks. GLJ Research analyst Gordon Johnson pointed out that the firm's 2027 adjusted EBITDA estimate for the…