Fervo Energy made a stunning entrance to the Nasdaq, with its stock price leaping by 33.3%, marking the companys market value at a remarkable $10 billion. The geothermal innovator successfully garnered $1.89 billion from its initial public offering. This milestone arrives amid increased energy demands driven by the rise of AI and data center operations, putting pressure on the U.S.
Fervo Energy valued at $10.21 billion in Nasdaq debut
