X-Energy Shares Hit Wall Street After IPO With Focus On Nuclear Potential
X-Energy shares held steady around $29 on Friday. The advanced nuclear developer picked June 4 for its first results update since going public, setting up an early look for investors who see the stock as a quick-listed AI power play. X-Energy started trading on Nasdaq in late April, coming to market with an upsized IPO that sold 44.3 million shares at $23 apiece. The raise totaled $1.02 billion. The deal drew attention because Amazon is both an investor and set to be a future nuclear power customer.