Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Vertiv Holdings Co (VRT) on Behalf of Investors

Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announced that it has commenced an investigation on behalf of Vertiv Holdings Co (“Vertiv” or the “Company”) investors concerning the Company’s possible violations of the federal securities laws.

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“consistently underestimate[ing] inflation and supply chain constraints for both timing and degree, which dictated a tepid 2021 pricing response.”

If you suffered a loss on your Vertiv investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws,.

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On February 23, 2022, Vertiv reported disappointing financial results, including $0.06 earnings per share for fourth quarter 2021, missing analyst estimates of $0.28 per share. Vertiv’s Chief Executive Officer attributed the poor results to management “consistently underestimate[ing] inflation and supply chain constraints for both timing and degree, which dictated a tepid 2021 pricing response.”

On this news, the Company’s stock price fell $7.19, or 37%, to close at $12.38 per share on February 23, 2022, thereby injuring investors.

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