🔴 Vertiv is trading 4.04% down in after-hours trading as tech stocks sell off after Alphabet results

Vertiv is trading at $236.01, down 4.04%, after a sharp technology-sector sell-off following Alphabet’s results.

• The Nasdaq was down 2.25% and XLK was down 1.72% after hours.
• Vertiv’s latest earnings were strong: sales rose 61%, orders more than doubled, and full-year guidance increased; those results came before this after-hours decline.
• Coverage also described Vertiv shares slipping after hours as investors weighed major technology-company results.