🟢 Fervo Energy is trading 4.6% up today as broader equities rebound

Fervo Energy is trading at $8.26, up 4.6%, alongside a broader rebound in equities.

• The Nasdaq gained 1.66% and the S&P 500 rose 0.84% as investors bought shares after the previous session’s technology-led sell-off.
• Needham initiated coverage November 6 with a Buy rating and a $17 price target; available reporting does not establish that it drove the move.
• Fervo Energy is scheduled to report third-quarter results November 9.