X-energy's Stock Rises 27% on Nasdaq Debut Following Upsized IPO
X-energy's stock rose 27% on its first day of trading on the Nasdaq, closing at $29.20 after an upsized IPO priced at $23 per share. The company is now valued at $11.5 billion, reflecting renewed investor confidence in nuclear power as a viable energy source, particularly for data centers. This follows a shift in the nuclear industry's fortunes over the past five years.
Tickers: $XENE
Topics: investor sentiment IPO performance nuclear energy stock price movement