GE Vernova Inc. (GEV) experienced a significant pre-market plunge of 6.18% on Wednesday, as the market reacted negatively to the company's latest financial results and disclosed cost pressures.

The power equipment maker reported second-quarter earnings per share of $2.47, which fell short of the analyst consensus estimate of $3.01. This earnings miss appears to have outweighed other positive aspects of the quarterly report, including a revenue beat and raised full-year guidance.

Compounding investor concerns was the company's disclosure of an estimated $100 million to $200 million cost impact from global tariffs in 2026. The combination of weaker-than-expected profitability and anticipated tariff-related expenses likely drove the sharp selloff in pre-market trading.