AI Infrastructure Surges 11%... Market Cap Increases by $4.8 Billion in a Day

Everpure Inc. (ticker: P), a data storage company, surged 10.87% on the New York Stock Exchange to close at $87.59 per share, adding about $3.5 billion to its market capitalization, which climbed to roughly $29 billion. Trading volume reached approximately 2.75 million shares, significantly above the norm.

Everpure is set to release its fiscal 2027 first-quarter results and host a conference call on May 27 (local time). The company also plans to participate in key investor events, including the William Blair Growth Stock Conference.

Formerly known as Pure Storage, Everpure is a Silicon Valley-based provider of enterprise flash storage and data management solutions. It is widely regarded as a leading beneficiary of the growing data-center infrastructure demand in the AI era.