24/7 Market News Snapshot 06 June, 2025 – NET Power Inc. (NYSE:NPWR)

June 6, 2025

DENVER, Colo., 06 June, 2025 (www.247marketnews.com) – (NYSE:NPWR) are discussed in this article.
NET Power Inc. (NPWR) has seen a significant surge in its stock price, which opened at $2.23 and climbed to an impressive $2.625, reflecting a remarkable increase of 22.09% from the previous close at $2.15. This upward momentum is indicative of heightened investor interest, with trading volume reaching 1.87 million shares. Market analysts are keeping a keen eye on this performance as NPWR continues to draw attention for its growth potential within the energy sector.

However, amid this optimistic trading environment, the company is facing a serious challenge as Glancy Prongay & Murray LLP has initiated a class action lawsuit against NPWR for alleged securities fraud. The lawsuit claims that during the period from June 9, 2023, to March 7, 2025, the company and its executives provided misleading information regarding the progress of Project Permian. Specifically, it is alleged that they underestimated the impact of supply chain disruptions and other project-specific issues, leading to unrealistic financial projections and timelines.

The lawsuit has been filed on behalf of shareholders who experienced losses during this period, urging them to participate in the proceedings by joining the class action before the deadline of June 17, 2025. This development underscores the essential need for companies to uphold transparency and accuracy in their communications to maintain investor trust.

As the situation unfolds, stakeholders are advised to remain vigilant and informed about both the stock performance of NPWR and the ramifications of the legal challenges it now faces. The outcome of this case could play a pivotal role in shaping the company’s future and operational stability within the competitive energy market.

Related news for (NPWR)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.