GE Vernova stock slides on hot inflation data as rate worries return — what to watch next
GE Vernova shares fell about 1.5% to $863 Friday as U.S. producer prices rose more than expected, fueling concerns over prolonged high interest rates. The company recently completed a $5.3 billion purchase of Prolec GE and lifted its 2026 revenue outlook to $44–45 billion, but warned of continued wind unit losses. Investors await its first-quarter earnings on April 22.