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GE Vernova shares fall 25% from early October peak amid data center concerns

The Motley Fool +1 · ·by G4L

GEV GE Vernova Inc
$808.24 +1.41%
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  1. 1GE Vernova shares have recorded a 25% decline from their early October peak.
  2. 2GE Vernova's power segment achieved $6.1 billion in revenue last quarter.
  3. 3CEO Scott Strazik stated that approximately 20% of customers are for data centers.

So what's the key point?

GE Vernova shares have dropped about 25% compared to early October. The stock price fell following news that 20% of customers are for data centers.

Source The Motley Fool +1 · View original ↗

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