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Stock impact report

Securities Fraud Investigation Into Fermi Inc. (FRMI) Announced – Investors Who Lost Money Urged to Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Fermi Inc. (FRMI) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Fermi Inc. (“Fermi” or the “Company”) (NASDAQ: FRMI) investors concerning the Company’s possible violations of the federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON FERMI (FRMI), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.What Happened?On October 1, 2025, Fermi began trading on the NASDAQ at $21.00 per share following its Initial Public Offering (“IPO”).Then, on December 12, 2025, Fermi revealed the first tenant for the Company’s anticipated Project Matador AI campus had terminated its $150 million Advance in Aid of Construction Agreement, which would have supplied construction costs for the facility.On this news, the Company’s stock price fell as much as $5.00 per share, or 32.9%, in intraday trading on December 12, 2025, a more than 50% decline from the Compa Show less Read more
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