GE Vernova Declines 6% as AI Power Stocks Give Back Monday's Rally; Vertiv Drops 4%, Quanta Services Slides 2%
David Moadel reports for 247wallst.com that AI power stocks gave back their November 9, 2026 rally, with GE Vernova down 6% to $779.46, Vertiv down 4% and Quanta Services down 2%, after October's Consumer Price Index rose 0.4% and kept pressure on rate expectations. He reads the slide as sector-wide profit taking, notes GE Vernova's fundamentals were unchanged since its Q3 beat and raised guidance, and recommends caution until the decline ends.
