Why GE Vernova Stock Fell on Friday
GE Vernova (NYSE:GEV) stock pulled back despite reporting strong third-quarter numbers on Oct. 28. In fact, the natural gas turbine and grid solutions giant is selling power equipment faster than it can build it, and it just announced a massive $9 billion acquisition. Still, the stock fell 4.9% at its lowest point in Friday's trading as several analysts lowered their price targets on the stock amid the artificial intelligence (AI) infrastructure stock sell-off. Image source: Getty Images. Continue reading