Vertiv Holdings (VRT) Stock Price Slides Nearly 5% Despite Looming S&P 500 Entry
Vertiv Holdings Co shares fell nearly 5% to $255.88 on Friday, despite the company’s pending addition to the S&P 500 next week. Trading volume reached about 87.8 million shares as Wall Street slid on inflation fears tied to Middle East tensions. Nvidia, nVent Electric, and Eaton also declined. Vertiv recently reported a $15 billion backlog and forecast 2026 net sales up to $13.75 billion.