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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
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