On June 18, Vertiv Holdings rose 3.27% in pre-market trading, trading at $327.53/share, with turnover of $1.3389 million.

On the news front, the company recently announced the completion of its acquisition of ThermoKey, expanding its thermal management product portfolio and manufacturing capacity across Europe, the Middle East, and Africa, further strengthening its position in the AI data center cooling segment. ThermoKey's facility in Rivarotta, Italy, will continue to serve as Vertiv's core manufacturing and engineering support hub in Europe.

Additionally, BNP Paribas previously issued a research report highlighting a bullish outlook on the AI liquid cooling sector, noting that NVIDIA's upcoming Rubin AI platform could serve as another catalyst for thermal management suppliers. The bank identified Vertiv and Eaton as among the most promising beneficiaries due to their involvement across multiple layers of the AI infrastructure stack.

The stock had previously declined more than 20% from its $377.77 historical high amid concerns that elevated interest rates could slow debt-driven AI infrastructure buildout. The acquisition completion combined with institutional endorsement has provided rebound momentum. Within the Electrical Components & Equipment sector, Eaton Corp up 1.55%, Eos Energy up 3.95%, nVent Electric up 1.21%.

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