General Fusion Shares Rebound Premarket Following Nasdaq Debut
General Fusion (GFUZ) shares were up 18% in premarket activity on Tuesday, a day after the company began trading on the Nasdaq following the completion of its merger with Spring Valley Acquisition Corp. III. On Monday, the company's shares closed more than 14% lower. General Fusion entered public markets with about $150 million in cash, which are expected to fund its Lawson nuclear fusion program, it said.
General Fusion (GFUZ) shares were up 18% in premarket activity on Tuesday, a day after the company began trading on the Nasdaq following the completion of its merger with Spring Valley Acquisition Corp.
III.
On Monday, the company's shares closed more than 14% lower.
General Fusion entered public markets with about $150 million in cash, which are expected to fund its Lawson nuclear fusion program, it said.