GE Vernova is reportedly exploring the sale of its Proficy software unit, seeking a price of up to $1 billion, according to Bloomberg. The industrial software tool, part of its electrification segment, reported $224 million in Q1 revenue. While a deal is not guaranteed, GEV stock's retail sentiment is bullish amid rising electricity demand and margin optimism.
short by
/
12:45 pm on
30 Jun