Updated
Updated · MarketWatch · May 1
GE Vernova stock slides 1.89% and underperforms market
Updated
Updated · MarketWatch · May 1

GE Vernova stock slides 1.89% and underperforms market

9 articles · Updated · MarketWatch · May 1
  • Shares closed at $1,062.95 as the S&P 500 rose 0.29% to 7,230.12 and the Dow Jones Industrial Average fell 0.31% to 49,499.27.
  • The stock finished 10.07% below its 52-week high of $1,181.95, reached on 23 April.
  • Trading volume was 1.9 million shares, 679,559 below the company's 50-day average of 2.6 million, in an otherwise mixed session for US equities.
Why did GE Vernova's stock fall despite record earnings and massive demand from the AI boom?
Can booming gas turbine sales for AI data centers offset the deep, persistent losses in its wind energy division?