Why Shares in Data Center Equipment Company Vertiv Surged This Week
Shares in data center equipment company Vertiv (VRT -1.37%) rose by 14% in the week ending Friday morning. This is an excellent performance, but the stock is still down more than 40% this year. This week's positive move helps to shed light on the key driver of the stock at the moment -- sentiment over the trade tariff skirmish and what it's likely to do to spending on data centers.Vertiv and tariffsIt's no secret that companies usually cut back on capital spending in a slowdown. This is particularly true wh ...