Why Vertiv (VRT) Shares Are Trading Lower Today

Why Vertiv (VRT) Stock Is Falling Today

Shares of data center products and services company Vertiv (NYSE:VRT) fell 5.2% in the morning session after it gave back some of the strong gains it made after reporting impressive third-quarter results. The company recently announced third-quarter revenue of $2.68 billion and adjusted earnings of $1.24 per share, beating Wall Street’s expectations on both fronts….

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Why Vertiv (VRT) Shares Are Trading Lower Today

Why Vertiv (VRT) Shares Are Trading Lower Today

Shares of data center products and services company Vertiv (NYSE:VRT) fell 6.2% in the afternoon session after Microsoft announced it had successfully tested a new microfluidic cooling system for data center chips, posing a potential competitive threat. The new technology brought liquid coolant directly inside silicon chips through tiny etched channels, removing heat up to…

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