Fermi is trading at $2.42, down 7.09%, with its immediate catalyst unconfirmed.

  • At its November 2 annual meeting, Fermi reported Project Matador progress and a shift toward powered-land leasing; shareholders did not approve two director nominees.
  • Major indexes were higher, moving in a different direction from Fermi.
  • Fermi’s Q3 results are scheduled for November 12.