FGRD.L is trading at £3997.50 (-4.76%) as investors reassess the outlook for AI infrastructure and power-grid suppliers following election results that raised concerns over tighter data-center regulations.
- Tighter rules and potential construction delays are pressuring major grid-equipment holdings, including Eaton, ABB, and Schneider Electric, as the sector undergoes a broader repricing.
- A wider technology selloff in chip and data-center-linked stocks added further pressure, with investors weighing regulatory risks against future AI infrastructure demand.