Fervo Energy indicating open at $35, IPO priced at $27
(Updated - May 13, 2026 10:24 AM EDT)
Shares of Fervo Energy (FRVO) are indicating to open for trading at $35 on Wednesday, far above the company's IPO pricing at $27 per share.
- Late Tuesday, the company priced its IPO at $27, above the already increased range of $25-$26 per share.