Fervo Energy is trading 4.4% up at $21.05 as broader risk-on sentiment lifted growth assets on August 13, 2026.
- The S&P 500, Nasdaq Composite, and Dow Jones were up 0.76%, 0.98%, and 0.41%, respectively, following cooler inflation data and reduced expectations for near-term Federal Reserve tightening.
- The move follows an earnings-driven selloff on August 12, when investors weighed a $55.9 million loss, heavy capital spending, and transmission-curtailment risks.