Beware of Vertiv Holdings Co (VRT) as Demand Slows
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Beware of Vertiv Holdings Co (VRT) as Demand Slows
Investors in Vertiv Holdings Co (VRT) should be cautious as the company’s stock fell due to a near-term slowdown in demand. The data center infrastructure provider saw a dip in its stock after reporting lower than expected third quarter earnings. This was mainly attributed to a decrease in demand from hyperscale cloud providers and telecom customers. The decrease in demand for Vertiv’s products is concerning, especially since the company has a h…
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