Watch These GE Vernova Price Levels as Stock Jumps After Investor Update [Yahoo! Finance]
GE Vernova Inc. (GEV)
Company Research
Source: Yahoo! Finance
The stock broke down below the lower trendline of an ascending triangle on Tuesday, but staged an intraday reversal to close back within the pattern today, potentially creating a bear trap. Investors should watch important overhead areas around $355 and $400, while also monitoring key support levels near $295 and $258. GE Vernova ( GEV ) shares jumped on Wednesday, one day after the energy equipment maker raised its long-term sales outlook. The company, which projected 2028 sales of about $45 billion, also announced a 25-cent quarterly dividend and $6 billion stock buyback Since the company's spinoff from GE Aerospace ( GE ) on April 2 as part of three-way breakup of the General Electric conglomerate, GE Vernona shares have more than do
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