Fermi is trading 10.31% lower at $2.58, likely pressured by the broad technology selloff.

  • Reuters reported the Nasdaq was down 3.37% in midafternoon trading on October 30, as Intel and Amazon results intensified concerns about AI spending and potential returns.
  • No direct Fermi-specific catalyst was identified in available October 30 coverage.
  • Fermi fell 5.30% on October 29 after gaining 15.27% on October 28; no volume data was provided, so trading activity cannot be assessed.