VRT Stock Recent News
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Vertiv stock rose Friday after plunging Thursday on a report that AWS had developed a possible competing liquid-cooling system for data centers.
VRT and SMCI race to lead AI-driven liquid cooling, but diverging earnings paths may reveal the stronger play.
Shares of Vertiv (VRT -4.78%), which makes infrastructure for cooling and power systems for data centers, were heading lower today on reports that Amazon could be challenging the company in cooling technology.
Vrt stock took a hit on the markets today, with its stock dropping more than 11% after Amazon Web Services rolled out its own custom cooling tech for high-performance AI servers. The news caught investors off guard and sparked fresh concerns about Vertiv's position in a fast-evolving data center landscape.
Vertiv is a leader in data-center cooling solutions.
In the most recent trading session, Vertiv Holdings Co. (VRT) closed at $128.37, indicating a +1.97% shift from the previous trading day.
VRT sees 25% backlog growth and raises 2025 outlook as AI infrastructure demand fuels new orders.
Data center Vertiv Holdings Co (NYSE:VRT) is charging 2.9% higher to trade at $129.93 this morning, after landing an upgrade at Melius Research to "buy" from "hold.
Recently, Zacks.com users have been paying close attention to Vertiv (VRT). This makes it worthwhile to examine what the stock has in store.
Shares in data center equipment company Vertiv (VRT 2.91%) surged by 19% in June, according to data provided by S&P Global Market Intelligence. The move comes as the market's concerns over a slowdown in data center capital spending have been assuaged by positive news flow from companies like Vertiv's partner, data center architecture company Nvidia (NVDA 1.28%).