Fervo Energy (FRVO) stock was up over 40% in Wednesday trading following its Nasdaq debut.
The stock was trading at $37.88 apiece after opening at $36 per share, higher than the $27-per-share initial public offering price.
Price: $37.88, Change: $+10.88, Percent Change: +40.30%
Netflix (NFLX) is expanding its ad-supported tier to 15 new countries, the Verge reported Wednesday.The new markets include Austria, Belgium, Colombia, Denmark, Indonesia, Ireland, the Netherlands, New Zealand, Norway, Peru, the Philippines, Poland, Sweden, Switzerland, and Thailand, the report said.Netflix is also testing a new tool that modifies the ads subscribers see based on their viewing patterns.Netflix did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $88.08, Change: $+0.42, Percent Change: +0.47%
Healthcare stocks rose late Wednesday afternoon, with the NYSE Healthcare Index adding 0.9% and the State Street Healthcare Select Sector SPDR ETF (XLV) increasing 0.7%.The iShares Biotechnology ETF (IBB) rose 0.3%.In corporate news, Corcept Therapeutics (CORT) shares climbed past 12% after UBS Securities upgraded the stock to buy from neutral and raised its price target to $72 per share from $44.
Price: $42.16, Change: $-0.37, Percent Change: -0.86%