FRMI Fermi Inc.
Company Analysis
Latest News
🔴 Fermi is trading 7.5% down today as investors digest gains from last week's leadership overhaul
Fermi is trading 7.5% down today at $6.89 as investors pull back following a sharp rally triggered by news of a major executive overhaul. • The decline...
Fermi Fills Its Empty C-Suite and Investors Cheer — but Can a New Team Deliver on a $1.4 Billion Bet With No Revenue?
Shares of Fermi Inc. (FRMI) jumped 10.5% to $6.99 on Thursday as Wall Street digested a sweeping executive overhaul meant to professionalize a company still...
🟢 Fermi is trading 11% up today on Fermi 2.0 strategic evolution and leadership reshuffle
Fermi is trading approximately 11% up at $6.99 as the market continues to digest its Fermi 2.0 strategic evolution and a sweeping leadership reshuffle. • The...
🟢 Fermi is trading 4.7% up today as market digests Fermi 2.0 leadership reshuffle
Fermi is trading 4.7% up at $6.62 as investors react to the company's Fermi 2.0 strategic evolution and recent leadership changes. • The move follows a major...
Fermi Inc. Appoints New CFO, COO, General Counsel, and Chief Commercial Officer
Fermi Inc. announced the appointment of four new executive officers, effective July 22, 2026: George Wentz as General Counsel, Anna Bofa as Chief Commercial...
🔴 Fermi is trading 5.1% down
Fermi is trading at $6.25, down 5.1% from a comparison close of $6.58 during regular trading. This is a price-action follow-up, so a separate catalyst may not...
Fermi Secures Siemens Turbines, Advancing 780MW Texas AI Power Project
Fermi Inc. received three Siemens Energy SGT6-5000F natural gas turbines at the Port of Houston. These units are destined for Project Matador, an advanced...
🟢 Fermi is trading 10.0% up
Fermi is trading at $6.74, up 10.0% from a comparison close of $6.12 during regular trading. This is a price-action follow-up, so a separate catalyst may not...
🟢 Fermi is trading 4.3% up today amid a broader market rally led by tech and semiconductors
Fermi is trading at $6.38 (+4.33%) as it tracks a broader market rally led by technology and semiconductor shares. • The Nasdaq Composite and S&P 500 are both...
🟢 Fermi is trading 4.7% up today as investors reassess Project Matador funding
Fermi is trading at $6.21 (up 4.7%) as investors reassess the company's funding for Project Matador following a multi-day decline. • The stock is bouncing...
🔴 Fermi is trading 5.9% down today after closing upsized $431.25M convertible notes offering
Fermi is trading at $5.88 (-5.89%) after closing its upsized $431.25 million convertible senior notes offering on July 14, 2026. • The company stated that the...
Fermi Inc. Closes $431.25 Million Convertible Senior Notes Offering
Fermi Inc. announced the closing of its private offering of 5.00% convertible senior notes due 2031, generating total gross proceeds of $431.25 million. The...
🔴 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...