Over 1 Year Ago
0 Min Read

VRT shares popped 13% today. Here's why:

Vertiv Holdings Co - Class A (VRT) is trading 16% higher at $11.265 today. The stock is leaping past peers on a green day for the Industrials sector. The market is undergoing a significant macro move (2.22%) which could be a factor in the stock's movement.

-Vertiv Holdings named Giordano Albertazzi, currently president, Americas, to the position of chief executive officer starting on Jan. 1.

Vertiv Holdings Co - Class A has been trading between a 52-week high of $27.96 and a 52-week low of $7.76. The stock has a market cap of $4.25 Billion.

Vertiv brings together hardware, software, analytics and ongoing services to ensure its customers' vital applications run continuously, perform optimally and grow with their business needs. As Architects of Continuity™, Vertiv solves the most important challenges facing today's data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Columbus, Ohio, USA, Vertiv employs approximately 20,000 people and does business in more than 130 countries