New Era Energy stock jumps as Russell index addition approaches
New Era Energy & Digital shares soared 20% to $5.75 after the company said it expects to join the Russell 3000 and Microcap indexes. Over 15.7 million shares traded. FTSE Russell’s first lists confirm NUAI as an addition. New Era recently expanded its Texas data center site to nearly 492 acres, closed a $115 million equity raise, and secured a $290 million credit line. Risks include project financing, operations, and pending litigation.