Vertiv said it’s working to mitigate any tariff impact and wants components made in Mexico to be exempt under the 2018 USMCA free-trade agreement.

The data center stock shot up after posting better-than-expected earnings and guidance.

This represents a shift in sentiment amongst traders, as puts were much more popular than usual leading up to today. This is per VRT's 10-day put/call volume ratio of 1.05 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which ranks higher than 95% of readings from the past year.