Earnings
Home›Earnings›Results›GE Vernova shares drop nearly 5% in premarket despite…
GE Vernova shares drop nearly 5% in premarket despite higher revenue outlook
The company raised its 2026 revenue outlook by $1 billion, but shares still fell nearly 5% before the open.
MarketWatch reports that shares of GE Vernova were down nearly 5% in premarket trading.
The decline came even after the energy company upgraded its guidance for 2026 revenue, increasing the outlook by $1 billion.
Despite the higher revenue projection, the stock weakness suggested investors were not reacting positively to the updated forecast in the opening minutes.
← Newer storyBloomsbury to receive multimillion-pound payout in Anthropic copyrigh…Older story →Root launches car insurance in New Jersey as it expands to 37th state