SOLV Energy Pops to Nearly $6 Billion Valuation in Strong Nasdaq Debut
SOLV Energy's stock climbed 20% on its first day of trading in New York, producing a valuation of $5.98 billion after the company sold 20.5 million shares at $25 each in its IPO. The offering raised $512.5 million as markets warmed following Federal Reserve rate cuts and a pause in listings last year tied to policy uncertainty and a government shut…