Fervo Energy is trading 10.03% down at $17.78, with no new company-specific announcement identified for August 17, 2026.
- The August 12 earnings report showed a $55.9 million net loss and $113,000 revenue.
- The report also showed heavy capital spending; Baird cut its price target to $35 from $50.
- Those developments predate the current session, while broader markets are only modestly weaker.