Shares of Fermi Inc. crumpled Friday after the company with links to President Donald Trump was surprised by some bad news from what was supposed to be the first tenant of its massive data-center ...

Fermi (FRMI) is back on traders screens after its flagship Project Matador lost a $150 million construction funding agreement, sending the stock down about 34% in a single session. See our latest ...

Fermi shares have lost about two-thirds of their value since IPO, reflecting execution risk and financing challenges. FRMI's investment case hinges on ambitious construction plans, including 11 GW ...

Fermi America announced their first potential tenant for the Project Matador data center campus terminated their $150 million Advance in Aid of Construction agreement (i.e., lease). The stock has ...

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 ...

Investing.com -- Fermi America stock plunged 31% after the company disclosed that an investment grade-rated tenant has terminated a $150 million construction funding agreement for its Project Matador ...

A potential tenant in Fermi America’s flagship project has pulled out of a deal to help fund the construction of the data center and power production megacampus. The unnamed company, described as ...

Fermi (FRMI) shares sank as much as 43% on Friday after the power developer revealed that a tenant had canceled a $150 million agreement linked to its proposed Project Matador AI campus in West Texas.

Fermi’s share price tumbled on Friday after it revealed that the first tenant at its planned 11GW data center campus in Texas had pulled out of an agreement worth an initial $150 million. The value of ...