Keel Infrastructure is trading 24.9% up at $21.00 as the stock rebounds from a steep multi-day selloff driven by concerns over its heavy AI infrastructure build-out and cash flow profile.
- The recovery comes as strong cloud and AI results from Microsoft help ease sector-wide worries regarding the returns on AI-related capital spending.
- Broader market sentiment is also being supported by cooling inflation data, fueling a rally across the technology and infrastructure sectors.