GE Vernova stock slides 5% as a high-flying power trade cools ahead of earnings
GE Vernova shares dropped 5.3% to $627.44 in midday trading Thursday, after falling 3.5% Wednesday. The selloff spread to peers including Vertiv, Eaton, and Quanta Services. Rothschild & Co Redburn raised its price target to $500 but maintained a “sell” rating. GE Vernova will report fourth-quarter and 2025 results on Jan. 28.