India, Sept. 25 -- Atlas Energy Solutions Inc. (AESI) is up 17.47 percent, gaining $1.92 to $12.91 on Friday. The move comes after the company announced that two wholly owned subsidiaries had entered into separate cost reimbursement agreements with a leading frontier AI lab to support equipment purchases for specific data center projects.
Atlas Energy Solutions is currently trading at $12.91, up from the previous close of $10.99 on the New York Stock Exchange. The stock has traded between a daily high of $13.34 and a low of $12.26, with trading volume at about 6.77 million shares, compared with average volume of 3.28 million shares.
The agreements include purchases of balance-of-plant equipment and an additional 283 megawatts of Caterpill...