Updated
Updated · MarketWatch · May 7
GE Vernova stock slides 6.55%, snapping three-day winning streak
Updated
Updated · MarketWatch · May 7

GE Vernova stock slides 6.55%, snapping three-day winning streak

9 articles · Updated · MarketWatch · May 7
  • Shares closed at $1,045.63 on Thursday as the S&P 500 fell 0.38% to 7,337.11 and the Dow dropped 0.63% to 49,596.97.
  • The decline left GE Vernova 11.53% below its 52-week high of $1,181.95, reached on 23 April.
  • Trading volume was about 2.6 million shares, roughly 11,679 below the stock's 50-day average, in a broadly weak market session.
With its stock soaring on AI hype, can GE Vernova overcome its high valuation and lagging wind division?
Is GE Vernova's gas-powered solution for the AI boom a necessary bridge or a roadblock for climate goals?