Forgent Power Solutions is trading at $40.00 (+10.22%) as buyers focus on its reported $2 billion AI data center backlog and a broader software-sector rally.
- The move is being supported by strong AI-linked sentiment lifting comparable names across the technology sector.
- Broader markets are firmly higher, with the S&P 500, NASDAQ, and Dow all up sharply, providing additional risk-on support for the move.