Why New AI IPO Stock Fermi Is Rebounding After Plunging Over 40% in 2 Days

Here's what happened last week: Fermi revealed that its first prospective tenant to lease a portion of the Project Matador campus for 20 years has terminated its advance construction agreement under ...
Bloomberg L.P.

Fermi Down 43% After AI Campus Tenant Ends $150 Million Deal

Fermi Inc. plunged as much as 43% on Friday after the power developer, co-founded by former Texas governor Rick Perry, said a tenant terminated a $150 million agreement tied to its proposed artificial ...
Business Insider

Mystery solved: Amazon is the prospective tenant in talks with data center developer rocked by stock plunge

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Reuters

Data center REIT Fermi drops 34% after potential customer backs out of funding deal

Dec 12 (Reuters) - Shares of Fermi (FRMI.O), opens new tab plunged 34% on Friday after the data center real estate investment company said a prospective tenant had terminated a deal to help fund ...