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Vertiv Holdings Co (VRT)  Stock: Plunges 10% Despite Strong Q2 Growth and Raised Guidance

By Yasmin Werner at 2026-10-13 09:25

Sentiment: Positive

TLDR Vertiv shares plunged 10% pre-market despite strong second-quarter results. Second-quarter revenue rose 24% to $3.27 billion as data center demand grew. Adjusted operating profit jumped 51% as margins expanded by 410 basis points. Adjusted free cash flow climbed 234% to $925 million in the second quarter. Vertiv raised its 2026 sales, earnings, margin, and [...] The post Vertiv Holdings Co (VRT)  Stock: Plunges 10% Despite Strong Q2 Growth and Raised Guidance appeared first on CoinCentral. Continue reading...

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