GE Vernova stock jumps 6% on White House push for emergency PJM power auction
GE Vernova shares surged 6.1% to $681.55 Friday after U.S. officials urged faster power expansion for data centers, prompting a White House call for PJM Interconnection to hold an emergency auction. Constellation Energy fell 9.8% and Vistra dropped 7.5% on concerns over price caps and new supply. PJM will discuss new power user rules Jan. 22. Markets reopen Tuesday after the holiday.