Vertiv Revenue and Outlook Beat Expectations as Shares Jump Before Fed
Photo: TokenPost
Vertiv shares rose nearly 17% before the U.S. market opened after third-quarter revenue and the company's fourth-quarter outlook both exceeded market expectations, with the Federal Reserve's rate decision due later Wednesday. In a premarket snapshot, Dow Jones futures gained 0.04%, S&P 500 futures rose 0.23% and Nasdaq-100 futures advanced 0.42%. The Federal Reserve was scheduled to announce its interest-rate decision at 2 p.m. ET Wednesday (18:00 UTC). John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
