On July 21, Vertiv Holdings rose 3.62% in regular trading, trading at 301.05 USD/share, with turnover of $77.63 million.

On the news front, Vertiv announced the acquisition of Strategic Thermal Labs (STL), a Texas-based thermal engineering company specializing in direct-to-chip liquid cooling technology. The acquisition price was not disclosed. STL focuses on high-performance cold plate solution design and development, with deep expertise in chip-level thermal management for data centers, high-performance computing, and AI infrastructure. The deal strengthens Vertiv's liquid cooling product portfolio and reinforces its competitive positioning in the AI compute thermal management space.

It is worth noting that Vertiv's next earnings report is scheduled for July 29, with market consensus expecting EPS of $1.43, compared to $1.17 reported in the prior quarter.

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