GE Vernova's Shadow Backlog Foreshadowed Stock Surge
Before GE Vernova (GEV) stock surged over 100% in about a year, its 'shadow backlog' of slot reservation agreements hinted at strong future demand. Management revealed that these non-firm orders included significant data center-related commitments.
Tickers: $GEV
Topics: data center demand gas turbines GE Vernova order pipeline