🟢 Vertiv is trading 13.5% up after strong third-quarter results and raised sales outlook

Vertiv is trading at $236.64, up 13.46% on October 28, after strong third-quarter results.

• Sales rose 61% to $4.313 billion, organic orders grew more than 100%, and adjusted EPS of $2.21 beat analyst expectations.
• Vertiv raised its full-year sales outlook by $650 million at the midpoint; adjusted operating margin was 25.2%, up 2.9 percentage points year over year.
• Broader AI-sector optimism added support, but earnings and guidance were the clearer company-specific catalysts.