23 Oct 2025 | 5 Mins Read
GE Vernova Stock Drops Amid Cooling Power-Demand Boom Fears
Flipitmoney
GE Vernova shares plummeted 9% as investors worried about potentially weakening growth prospects after CEO Scott Strazik's comments on capacity and capital spending. Quarterly results showed 50% power business and 102% electrification business growth, but Strazik's cautious tone on expansion and peak capital spending within the year concerned investors, trimming the year-to-date advance to 74%.