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GE Vernova Stock Plunges 11%. Is Meta To Blame?

GE Vernova Stock Plunges 11%. Is Meta To Blame?

Why is GE Vernova (GEV) stock plunging Thursday even as analysts project triple-digit earnings growth when it reports next week? A closer look at Meta Platforms’ (META)’s latest earnings helps explain why, two analysts say. The General Electric spinoff, circa 2024, plans to report Q3 earnings on Wed., Oct. 28, before the opening bell. Analysts expect earnings of $3.99 a…

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