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Stock Market Today, Sept. 1: Fervo Energy Surges 28% on 396-Megawatt Google Power Deal
Source: Nasdaq
Company FundamentalsInfrastructure & DefenseTechnology & Innovation
Fervo Energy jumped 28.41% to close at $19.75 after signing a 396-megawatt power purchase agreement with Alphabet’s Google (announced pre-market). The large contracted capacity is a material positive step for Fervo’s project pipeline and long-term revenue visibility, driving a sharp single-stock move.
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