Vertiv Holdings (VRT) reported Q2 results on July 29 that presented a paradox familiar to investors in richly valued growth stocks: the company beat on earnings but missed on revenue, and the stock was punished severely.
VRT shares fell nearly 17% intraday, making Vertiv one of the worst performers in the benchmark S&P 500 Index ($SPX), and a leading drag on the industrials sector in particular.