Deep Fission, which aims to install small nuclear reactors a mile underground, on Wednesday slashed its planned IPO by 72% to $43 million, per Renaissance Capital.
ERock (NYSE: EROC), an on-site power provider that has yet to turn a profit, saw its stock price stumble 6.5% at its debut Wednesday, and it sank further Friday morning, falling below $18 per share.
Why it matters: Power demand continues to drive IPO activity, but not all companies are created equally.
