Fermi sold 32.5 million shares after pricing them within a marketed range of $18 to $22. The trading gave the Amarillo, Texas-based REIT, which was co-founded by former US Secretary of Energy Rick ...

Fermi Inc. shares traded 33% above their initial public offering price in New York after the energy real estate investment trust raised $682.5 million in its US listing. Shares of the company changed ...

Its IPO priced on Tuesday night, valuing the company at $13.8 billion just 10 months after the company was founded. AI-related IPOs have drawn strong investor demand this year, and Fermi is no ...

Data center REIT Fermi Inc. (NASDAQ:FRMI) started trading Wednesday at $25 per share in its market debut, representing a 19% premium to the initial public offering price. The company, co-founded by ...

US power grid player Fermi America (FRMI) has begun publicly trading on the Nasdaq via an IPO on Wednesday, raising $682 million. Fermi America Co-Founder and CEO Toby Neugebauer sits down with Market ...

IPO, reflecting AI and data center enthusiasm, but remains a speculative, pre-revenue company with no tangible assets. Learn more about FRMI stock here.

The REIT, co-founded by former U.S. Secretary of Energy Rick Perry, continues to build momentum following its strong IPO performance. Fermi shares closed at $32.53 on Wednesday compared to its IPO ...

Shares of Fermi were indicated to open 31% above the offer price in their Nasdaq debut on Wednesday, giving the data center real estate investment trust a potential valuation of nearly $16.3 billion.

Fermi stock rose again on its second day of trading on Nasdaq. The Texas-based group aims to build the world’s largest AI data center on a parcel of land in the Texas Panhandle.

Fermi's shares opened 19% above the offer price in their Nasdaq debut on Wednesday, valuing the data center real estate investment trust at $14.8 billion amid surging investor enthusiasm for AI ...

Fermi's stock surged after its Nasdaq debut, with the company's valuation reaching $14.8 billion following a successful IPO and opening bell ceremony.

Fermi America, the company behind “Project Matador,” a planned 11GW energy and data center campus in Amarillo, Texas, has made its Nasdaq debut, valued at almost $15 billion. The launch exceeded ...