Shares of GE Vernova Inc. (GEV) declined 6% on Wednesday morning after reporting strong second-quarter results and raising its full-year 2026 financial guidance.
The stock is currently trading at $1,009.64, down $69.17 or 6.41%, on the NYSE. It opened at $1,021.01 after closing the previous session at $1,078.81. The stock has traded between $530.16 and $1,195.94 over the past 52 weeks.
Second-quarter revenue rose 22% to $11.1 billion, while net income increased to $649 million, or $2.47 per share, from $492 million, or $1.86 per share, a year earlier.
For comments and feedback contact: editorial@rttnews.com
Business News
September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.