FRMI Fermi Inc.
Company Analysis
Latest News
🔴 Fermi is trading 5.4% down
Fermi is trading at $6.37, down 5.4% from a comparison close of $6.74 during regular trading. This is a price-action follow-up, so a separate catalyst may not...
🟢 Fermi is trading 4.5% up today as it rebounds from a selloff over governance concerns
Fermi is trading at $6.59, up 4.5%, as shares recover from a sharp selloff triggered by recent leadership and governance issues. - The stock faced significant...
Director Resigns Citing Disagreements Over Governance and Access to Records
Fermi Inc. reported the resignation of director Miles Everson, effective July 10, 2026. The resignation stems from a stated disagreement with the company over...
🔴 Fermi is trading 4.1% down today amid ongoing dilution concerns from its $375M notes offering
Fermi is trading 4.1% down at $6.32 as investors continue to react to last week’s upsized $375 million convertible senior notes offering and related dilution...
🔴 Fermi is trading 14.1% down today after pricing an upsized $375 million convertible notes offering
Fermi is trading 14.07% down at $6.29 after pricing an upsized $375 million convertible senior notes offering that sparked dilution concerns. • The notes...
Fermi Bets Big on $375 Million in New Debt to Fund Its AI Power Dream — But Can a Pre-Revenue Company Afford the Price of Dilution?
Shares of Fermi Inc. (FRMI) cratered 14.6% to $6.25 on July 10 after the company priced an upsized $375 million convertible senior notes offering — bonds that...
🔴 Fermi is trading 14.6% down today after pricing an upsized $375 million convertible notes offering
Fermi is trading 14.6% down at $6.25 after pricing an upsized $375 million convertible senior notes offering due 2031. • The notes will bear an interest rate...
Announces Proposed $350M Convertible Senior Notes Offering and Defers REIT Election
Fermi Inc. (FRMI) announced its intention to offer $350 million in convertible senior notes due 2031 to qualified institutional buyers. The company also...
🔴 Fermi plummets 11.9% after announcing proposed $350M convertible notes offering
Fermi is trading at $6.45 (11.9% down) in after-hours, following its announcement of a proposed $350 million** offering of convertible senior notes due...
🔴 FRMI is trading 4.7% down today amid tech-led global selloff
FRMI is trading 4.7% down at $7.03 in pre-market, extending a steep slide amid a broader tech-led global risk-off move. • The stock remains under pressure...
🔴 FRMI makes sharp 10.4% drop
FRMI is trading at $7.36, down 10.4% versus the comparison close of $8.21 during regular trading. This is a price-movement alert; no separate company-specific...
🔴 FRMI is trading 5.3% down today amid unresolved governance and funding issues
FRMI is trading 5.3% down at $7.78 as investors remain focused on the company’s unresolved governance and funding issues. • The stock remains pressured by a...
Fermi Founder Halts Proxy Fight, Citing Judge’s Recusal
Fermi Inc. co-founder and largest shareholder Toby Neugebauer suspended his proxy campaign to call a special shareholder meeting. A Texas judge unexpectedly...
🔴 FRMI extends move to 5.6% down
FRMI is trading at $8.04, down 5.6% versus the comparison close of $8.52 during regular trading. This is a price-movement alert; no separate company-specific...
🟢 FRMI extends move to 5.4% up
FRMI is trading at $8.98, up 5.4% versus the comparison close of $8.52 during regular trading. This is a price-movement alert; no separate company-specific...
🟢 FRMI is trading 4.23% up today with no clear company-specific catalyst
FRMI is trading at 4.23% up now at $8.88 after recovering from the $8.52 July 01 close. The move is being driven by short-term volatility rather than a clearly...
🔴 FRMI extends move to 5.0% down
FRMI is trading at $8.70, down 5.0% versus the comparison close of $9.16 during regular trading. This is a price-movement alert; no separate company-specific...
🔴 FRMI is trading 4.6% down today amid governance rifts and Project Matador uncertainty
FRMI is trading at $8.74 (4.6% down) amid ongoing governance rifts and uncertainty surrounding its Project Matador strategy. • Investors are reacting to...
Fermi Taps Primoris for Phase One Buildout Amid Proxy Battle
Fermi Inc. selected Primoris Services Corporation for the engineering and construction of the Balance of Plant. This contract covers the company's first six...
🔴 FRMI is trading 5% down today as court ruling escalates governance battle
FRMI is trading 5% down at $8.97 as investors react to escalating governance turmoil and intensifying shareholder activism. • A Texas Business Court granted...