GEV Stock Recent News

In the most recent trading session, GE Vernova (GEV) closed at $266.36, indicating a -1.17% shift from the previous trading day.

The latest trading day saw GE Vernova (GEV) settling at $262.54, representing a -1.15% change from its previous close.

Investors interested in GEV should wait for a better entry point, considering its premium valuation. Yet, those who already have it in their portfolio may continue to do so.

GE Vernova (GEV) stock price has gone vertical, soaring to a record high of $265. It has jumped by over 135% from its lowest point on record, bringing its market cap to over $72 billion, making it one of the top players in energy.

In the latest trading session, GE Vernova (GEV) closed at $256.53, marking a +0.61% move from the previous day.

GE Vernova NYSE: GEV is a relatively new stock that has nearly doubled its value since it started trading in March. The stalwart American firm General Electric NYSE: GE spun it off, and it is now a $70 billion industrial company.

In the most recent trading session, GE Vernova (GEV) closed at $255.48, indicating a +1.57% shift from the previous trading day.

GE Vernova (NYSE: GEV) stock price has done well as an independently traded company. It has surged for three consecutive weeks, reaching a record high of $254, which is about 122% above the lowest point this year.

GE Vernova (GEV) shares will likely remain on watchlists Wednesday after jumping more than 3% yesterday to set a new record high following favorable coverage from leading investment banks.

GE Vernova (GEV) stock rose for the seventh consecutive session Tuesday as analysts at Barclays said the company is a "likely benefactor" of increasing demand for electricity in the U.S. and worldwide.