🔴 Fervo Energy is trading 7.34% down today amid apparent profit-taking after prior-day rally

Fervo Energy is trading at $18.30, down 7.34%, after profit-taking following its sharp prior-day advance.

• Shares closed at $19.75 on September 1, 2026, gaining 28.41%.
• The rally followed a 396 MW, 15-year Google power-purchase agreement for Cape Station, potentially expanding to nearly 1 GW by June 2030.
• No new September 2 company-specific negative catalyst was identified; broader markets were largely mixed rather than sharply lower.