GE Vernova Shares Fall 3.82% to $860.91 as Trench Deal Raises Financing Hurdle
GE Vernova shares fell 3.82% to $860.91 at 10:10 a.m. ET on October 28. The company paired a higher cash-flow outlook with its planned $9 billion purchase of Trench.
GE Vernova NYSE:GEV is stepping up its grid expansion, but investors are selling first. Shares fell 3.82% to $860.91 at 10:10 a.m. ET on October 28 as the power-equipment supplier paired a higher cash-flow outlook with its planned $9 billion purchase of Trench. The deal would expand its capacity to…