FRMI
Fermi Inc. Common Stock · Real Estate · REIT - Specialty
Last
$9.98
−$0.87 (−8.06%) 4:00 PM ET
After hours $10.10 +$0.12 (+1.24%) 3:14 AM ET
Prev close $10.85
Open $10.62
Day high $10.62
Day low $9.69
Volume 7,432,897
Avg vol 6,713,502
Mkt cap
$6.12B
Sector
Real Estate
AI report sections
FRMI
Fermi Inc. Common Stock
No AI report section text found yet for this symbol.
Volume vs average
Intraday (cumulative)
+1% (Above avg)
Vol/Avg: 1.01×
RSI
57.33 (Neutral)
Neutral (40–60)
MACD momentum
Intraday
-0.00 (Weak)
MACD: 0.01 Signal: 0.01
Short-Term
+0.28 (Strong)
MACD: 0.25 Signal: -0.03
Long-Term
+0.31 (Strong)
MACD: -0.56 Signal: -0.87
Intraday trend score 44.00

Latest news

FRMI 12 articles Positive: 0 Neutral: 0 Negative: 12
Negative GlobeNewswire Inc. • Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges Fermi Inc. Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI) alleging that the company made materially false and misleading statements regarding tenant demand for its Project Matador campus and overstated its financial prospects. The lawsuit covers investors who purchased Fermi securities during its October 2025 IPO through December 11, 2025. The lead plaintiff deadline is March 6, 2026.

FRMI class action lawsuit securities fraud Fermi Inc. Project Matador IPO investor harm misleading statements
Sentiment note

The company is accused of making materially false and misleading statements about tenant demand for Project Matador, overstating reliance on a single tenant's funding commitment, and failing to disclose significant risks. These allegations of securities fraud and investor harm directly harm shareholder value and investor confidence.

Negative GlobeNewswire Inc. • Bleichmar Fonti & Auld Llp
FRMI Deadline: BFA Law Urges Fermi Inc. Investors with Losses to Act Before March 6 Securities Fraud Class Action Deadline Amid 33% Stock Decline

A class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI) for alleged securities fraud involving misrepresentations about tenant demand and funding for its Project Matador nuclear-powered data center. The company's stock plummeted 33% on December 12, 2025, after the First Tenant terminated a $150 million funding agreement. Investors have until March 6, 2026, to request lead plaintiff status in the case filed in the U.S. District Court for the Southern District of New York.

FRMI securities fraud class action lawsuit Fermi Inc. stock decline misrepresentation tenant demand Project Matador
Sentiment note

The company faces a securities fraud class action lawsuit alleging material misrepresentations about tenant demand and funding. A major funding agreement was terminated, resulting in a 33% stock price decline. The allegations suggest deliberate or reckless misstatements in IPO disclosures regarding the First Tenant's commitment and Project Matador's viability.

Negative GlobeNewswire Inc. • Hagens Berman
FRMI 9-DAY DEADLINE ALERT: Fermi Inc. Facing Securities Class Action Over IPO And Subsequent Disclosures -- Hagens Berman

Fermi Inc. (NASDAQ: FRMI) faces a securities class action lawsuit alleging the company misrepresented demand for its Project Matador AI data center and concealed risks related to its primary tenant. The first tenant terminated a $150 million funding agreement on December 12, 2025, causing Fermi's stock to plummet 34% in a single day and 59% from its $21 IPO price. The lead plaintiff deadline is March 6, 2026.

FRMI securities class action IPO fraud Project Matador AI data center tenant termination stock decline AICA agreement
Sentiment note

Company is facing securities fraud allegations for misrepresenting demand for its flagship project and concealing tenant risks. Stock declined 59% from IPO price following tenant's termination of $150M funding agreement, indicating severe loss of investor confidence and potential financial distress.

Negative GlobeNewswire Inc. • Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges Fermi Inc. Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI) alleging securities fraud. The complaint claims the company made materially false statements about tenant demand for its Project Matador campus and overstated its financial viability by concealing reliance on a single tenant's funding commitment and the risk of that commitment being terminated. Investors who purchased Fermi securities during the IPO in October 2025 or between October 1-December 11, 2025, are eligible to join the case.

FRMI class action lawsuit securities fraud Project Matador IPO investor harm misleading statements tenant funding
Sentiment note

The company is the subject of a securities fraud class action lawsuit alleging material misstatements about business operations, tenant demand, and financial commitments. These allegations indicate serious corporate governance and disclosure failures that harm investor confidence.

Negative GlobeNewswire Inc. • Hagens Berman
FRMI 11-DAY DEADLINE ALERT: Fermi Inc. Facing Securities Class Action Over IPO And Subsequent Disclosures -- Hagens Berman

Hagens Berman is alerting investors about a securities class action against Fermi Inc. (NASDAQ: FRMI) alleging the company misrepresented demand for its Project Matador AI data center and concealed risks related to its primary tenant. The first tenant terminated a $150 million funding agreement on December 12, 2025, causing Fermi's stock to plummet 34% that day and 59% from its $21 IPO price. The lead plaintiff deadline is March 6, 2026.

FRMI securities class action IPO fraud Project Matador AI data center tenant termination stock decline misleading statements
Sentiment note

Company faces securities fraud allegations for misrepresenting demand for its flagship Project Matador project and concealing tenant risks. Stock declined 59% from IPO price after anchor tenant terminated $150M funding agreement, triggering class action lawsuit with March 6, 2026 deadline.

Negative GlobeNewswire Inc. • Bleichmar Fonti & Auld Llp
Fermi Stock Notice: Fermi Inc. (NASDAQ:FRMI) Shares Sink 33% on Customer Agreement Cancellation - Investors Notified to Contact BFA Law about the Securities Fraud Class Action

Fermi Inc. (NASDAQ:FRMI), a nuclear-powered AI infrastructure company, faces a securities fraud class action lawsuit after its stock plummeted 33% following the cancellation of a $150 million funding agreement with its primary tenant. The company allegedly misrepresented tenant demand and the agreement terms in its IPO registration statement. Investors who purchased shares during or after the October 2025 IPO are eligible to join the class action.

FRMI securities fraud class action lawsuit IPO stock price decline Project Matador nuclear infrastructure AI data centers
Sentiment note

Stock dropped 33% due to cancellation of a major $150 million funding agreement with its primary tenant. Securities fraud allegations claim the company misrepresented tenant demand and agreement terms in its IPO registration statement, creating significant legal and financial risks for investors.

Negative GlobeNewswire Inc. • Levi & Korsinsky, Llp
Shareholders that lost money on Fermi Inc.(FRMI) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More

Levi & Korsinsky has filed a class action securities lawsuit against Fermi Inc. on behalf of investors who purchased stock during its October 2025 IPO through December 11, 2025. The complaint alleges the company made false statements about tenant demand for Project Matador campus and overstated the reliability of a single tenant's funding commitment. Investors who suffered losses have until March 6, 2026 to request lead plaintiff status.

FRMI class action lawsuit securities fraud Fermi Inc. IPO Project Matador tenant funding investor losses
Sentiment note

The company is the subject of a securities fraud class action lawsuit alleging material misstatements about business operations, tenant demand, and funding commitments. This indicates serious corporate governance issues and investor losses.

Negative GlobeNewswire Inc. • Law Offices Of Howard G. Smith
DEADLINE ALERT for KLAR, AGL, FRMI: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions

Class action lawsuits have been filed against Klarna Group, agilon health, and Fermi Inc. for alleged securities fraud involving false statements and material omissions. Klarna faces allegations of understating loss reserve risks post-IPO, agilon is accused of issuing unachievable 2025 guidance, and Fermi is charged with overstating tenant demand for its Project Matador campus. Lead plaintiff deadlines range from February 20 to March 6, 2026.

KLAR AGL FRMI securities fraud class action lawsuit false statements material omissions lead plaintiff
Sentiment note

Company alleged to have overstated tenant demand for Project Matador and concealed reliance on a single tenant's funding commitment and termination risks.

Negative GlobeNewswire Inc. • Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges Fermi Inc. Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI) alleging securities fraud related to its October 2025 IPO. The complaint claims the company made materially false statements about tenant demand for Project Matador, overstated its financial viability, and failed to disclose risks associated with a single tenant's funding commitment. Investors who purchased Fermi securities between October 1 and December 11, 2025, are eligible to join the case.

FRMI class action lawsuit securities fraud Fermi Inc. IPO Project Matador investor harm misleading statements
Sentiment note

The company is the subject of a securities fraud class action lawsuit alleging material misstatements about business operations, tenant demand, and financial commitments. These allegations indicate serious corporate governance and disclosure failures that harm investor confidence and shareholder value.

Negative GlobeNewswire Inc. • Faruqi & Faruqi, Llp
FRMI DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Fermi (FRMI) Investors of Securities Class Action Deadline on March 6, 2026

Fermi Inc. faces a federal securities class action lawsuit alleging the company made false statements about tenant demand for its Project Matador campus and overstated funding commitments. The company's major tenant terminated a $150 million funding agreement in December 2025, causing the stock to plummet 33% from its $21 IPO price to $10.09. Investors with losses exceeding $75,000 are encouraged to contact the law firm by the March 6, 2026 deadline.

FRMI securities class action Fermi Inc. Project Matador IPO false statements tenant funding stock decline
Sentiment note

The company is facing a federal securities class action lawsuit for allegedly making false and misleading statements about tenant demand and funding commitments. A major tenant terminated a critical $150 million funding agreement, causing the stock to fall 33% below its IPO price, indicating significant operational and financial challenges.

Negative GlobeNewswire Inc. • Bleichmar Fonti & Auld Llp
FRMI COURT DEADLINE: Fermi Inc. Faces Securities Fraud Allegations Over Customer Agreement Issues – BFA Law Notifies Investors of the March 6 Class Action Deadline

Fermi Inc. (NASDAQ: FRMI) faces a class action lawsuit alleging securities fraud over misrepresentations regarding customer agreements for its Project Matador nuclear energy and AI infrastructure project. The company allegedly overstated tenant demand and misrepresented an agreement with its primary tenant, which terminated its funding commitment in December 2025, causing Fermi's stock to plummet 33% in a single day. Investors have until March 6, 2026, to join the lawsuit.

FRMI securities fraud class action lawsuit Fermi Inc. Project Matador customer agreement stock drop nuclear energy
Sentiment note

Company faces federal securities fraud allegations for misrepresenting tenant agreements and demand for its flagship Project Matador. Primary tenant terminated $150 million funding commitment, causing 33% single-day stock decline. Class action lawsuit filed with significant investor losses.

Negative GlobeNewswire Inc. • Law Offices Of Howard G. Smith
DEADLINE ALERT for SLM, KLAR, AGL, FRMI: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions

Law Offices of Howard G. Smith has announced securities fraud class action lawsuits against four publicly-traded companies: SLM Corporation (Sallie Mae), Klarna Group, agilon health, and Fermi Inc. The lawsuits allege that defendants made false or misleading statements regarding business operations, financial performance, and risk disclosures. Investors have until mid-March 2026 to file lead plaintiff motions.

SLM SLMBP AGL FRMI securities fraud class action lawsuit misleading statements investor losses
Sentiment note

Alleged to have overstated tenant demand for Project Matador and concealed significant risks of tenant funding commitment termination, indicating project viability concerns.

News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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