ERock Shares Drop 6.5% in NYSE Debut, Valued at $5.5 Billion
Tom Rudovsky · Reported by Reuters
More coverage: Industrial
Sentiment
Negative
Importance
8
Price
$19.85
Mkt Cap
0
52W Low
0
52W High
0
52W Position
Off High
Rel. Volume
Market data snapshot near publication time
Summary
ERock's shares fell 6.5% on their New York Stock Exchange debut, giving the energy company a fully diluted valuation of $5.49 billion. This follows earlier news today that the company successfully raised $600 million in its initial public offering. The immediate drop in share price suggests a lukewarm market reception despite the successful capital raise, which could impact investor sentiment in the near term.
At the time of this announcement, EROC was trading at $19.85 on NYSE in the Energy & Transportation sector. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Reuters.
Price Chart
EROC - Latest Insights
EROC
Aug 12, 2026, 4:21 PM EDT
Price at Filing:
$13.86
Real-time Price:
$12.60
Change:
-$1.26 (-9%)
Market Cap:
$2.775B
EROC
Aug 11, 2026, 4:19 PM EDT
Price at Filing:
$12.73
Real-time Price:
$12.60
Change:
-$0.130 (-1%)
Market Cap:
$2.775B
EROC
Jun 18, 2026, 4:33 PM EDT
Price at Filing:
$16.40
Real-time Price:
$12.60
Change:
-$3.80 (-23%)
Market Cap:
$2.775B
EROC
Jun 12, 2026, 6:42 PM EDT
Price at Filing:
$17.02
Real-time Price:
$12.60
Change:
-$4.42 (-26%)
Market Cap:
$2.775B
EROC
Jun 10, 2026, 4:27 PM EDT
Price at Filing:
$18.75
Real-time Price:
$12.60
Change:
-$6.15 (-33%)
Market Cap:
$2.775B