Texas Landowner Stock Falls After CEO Death

Texas Pacific Land Corp. experienced a significant drop in its stock value following the unexpected death of the CEO of its largest shareholder. This event has unsettled investors, particularly given the company's recent prominence as a potential site provider for data centers sought by technology firms. The leadership change introduces uncertainty for the company's future strategic direction and its ability to capitalize on the growing demand for data center infrastructure. Investors will be closely monitoring developments as the company navigates this period of transition.