ERock Falls in NYSE Debut, AI Power Firm Starts Trading Below IPO Price
ERock Inc. dropped 12.37% in its NYSE debut Wednesday. The Houston company’s stock closed at $18.84, sliding below its $21.50 IPO price after opening at $20.10. The onsite power provider trades under the EROC ticker. ERock's debut caught attention because it told a straightforward story for now—AI data centers need power faster than utilities can supply. The company builds and runs modular natural gas power systems promising “speed-to-power,” which means giving big customers electricity before they’re hooked to the full grid.
