Fermi (FRMI) Nosedives on Profit-Taking on Double-Digit Upside Potential

We recently published 10 Stocks Investors Are Dumping. Fermi Inc. (NASDAQ:FRMI) is one of the worst performers on Monday. Fermi extended its losing streak to a third consecutive day on Monday, losing 7.87 percent to end at $26.35 apiece as investors continued to take profits to take advantage of the stock’s 25 percent upside potential. Fermi Inc. (NASDAQ:FRMI), a newly listed company, debuted on the stock market last Wednesday, offering 32.5 million shares at an initial public offering (IPO) price of $21 ...