Fervo Energy opens at $36, far above IPO at $27

Shares of Fervo Energy opened for trading at $36 on Wednesday, 33% above the company's IPO price of $27 per share.

• The company upsized it's IPO to 70M shares from 55M it had initially planned.
• Fervo Energy also originally planned for $21-$24 per share pricing range before raising it to $25-$26, and eventually pricing above that.

You May Also Be Interested In

• FDA Committee Recommends To Widen Access To Bpc-157 Peptide
• NextEra Energy (NEE) call put ratio 2.9 calls to 1 put with a focus on September 92.50 calls into quarter results
• U.S. to begin rulemaking aimed at shoring up car door safety - Bloomberg