Nextpower stock jumps to record high after $365M Prevalon deal

Shares of Nextpower (NXT) surged to record highs on Friday after the clean energy company announced a deal to acquire battery energy storage firm Prevalon Energy for up to $365 million, a move that deepens its push into AI-driven energy infrastructure markets. Nextpower stock rose as much as 14% during trading to around $156.50, significantly outperforming the broader market.