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 ...

Fermi has yet to generate revenue as it readies its IPO of 32.5 million shares at an estimated price range of $18 to $22 each for trading Wednesday.

Fermi, a data center real estate investment trust co-founded by former U.S. energy secretary Rick Perry, said on Tuesday it raised $682.5 million in its U.S. initial public offering.

Fermi’s IPO prices on high end of its expected range, as investors look to take part in a new AI — and Donald J. Trump — play.

Fermi is aiming to raise $715 million in its upsized U.S. initial public offering, the data center real estate investment trust said on Monday, as it aims to leverage burgeoning demand for energy ...

Fermi America is launching an ambitious IPO to become a major power producer and data center landlord in Amarillo, TX. Learn more about FRMI stock here.

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 ...