X-Energy Shares Hit Wall Street After IPO With Focus On Nuclear Potential
X-Energy shares held near $29 on Friday, about a month after its $23 Nasdaq IPO that raised $1.02 billion. The company will report first-quarter results June 4, its first as a public firm. Analysts have turned mostly positive, with price targets ranging from $28 to $57. The U.S. Nuclear Regulatory Commission cleared an environmental review for X-Energy’s Long Mott project in Texas this week.