Vertiv shares rise 16.1% premarket
Vertiv shares rose 16.1% in premarket trading after an outlook increase and strong third-quarter results.
Story updates
12:12:37 PM UTC
SquawkNews
Vertiv Holdings Co. (VRT) shares surged around 16% on Wednesday as CEO Giordano Albertazzi highlighted accelerating demand for data center infrastructure amid what he described as the “largest infrastructure buildout”.The comments came as Vertiv reported a 61% year-over-year increase in fiscal thir…