Vertiv (NYSE:VRT) falls, wiping out $8 billion amid questions on AI-infrastructure price
Vertiv Holdings Co (NYSE:VRT) plunged 6.6% to $304.15 in midday trading, erasing $8.4 billion in market value—about 82% of its FY2025 revenue—amid a broader AI sector pullback, despite analysts maintaining average price targets near $380 and no signs of weaker business in recent company updates.