US Stock Market Move | | Q3 results comprehensively beat expectations; liquid cooling leader Vertiv (VRT.US) surges over 13%

On Wednesday, liquid cooling leader Vertiv (VRT.US) gapped up at the open and, as of press time, was up more than 13%, bringing its cumulative gain for the week to over 21%. On the news front, Vertiv Holdings released its third-quarter 2026 financial results before the market open, with results comprehensively beating expectations. Benefiting from continued strong demand for data center infrastructure, the company posted substantial growth in quarterly net sales, orders, and profitability, and raised its full-year guidance. Third-quarter net sales reached US$4.313 billion, up 61% year over year, including 55% organic growth and about 6% contributed by acquisitions, far exceeding the US$3.75 billion expected by analysts surveyed by FactSet. Adjusted diluted earnings per share were US$2.21, up 78% year over year, also well above the US$1.82 expected by analysts.