🟢 Forgent Power Solutions surges 4.4% as AI backlog ignites rally, extending rebound from secondary-offering selloff

Forgent Power Solutions is trading 4.4% up at $34.75 in after-hours trading as enthusiasm builds around the company's expanding role in AI-focused data centers.

• The surge is fueled by a reported record $2 billion order backlog and analysts maintaining bullish price targets.
• This extends a sharp rebound from a recent selloff following a secondary share offering earlier in July.