GE Vernova Hits A High As Troubled Wind Energy Unit Improves
GE Vernova maintained its 2025 outlook early Wednesday after missing revenue estimates for the fourth quarter of 2024 due to weakness in offshore wind energy. GEV stock rose to a new high, continuing a huge rally for the S&P 500 member since its April 2024 debut. Vernova holds the gas power and renewable energy assets of the former General Electric.