Fermi (FRMI) Falls on AI Bubble Impact Fears on Energy Stocks

We recently published 10 Stocks With Massive Losses; AI Stocks Not Spared. Fermi Inc. (NASDAQ:FRMI) is one of the worst performers on Monday. Fermi Inc. saw its share prices decline by 5.96 percent on Monday to close at $25.39 apiece as investor sentiment was dampened by concerns for energy stocks tied to the AI bubble. An opinion piece on the Wall Street Journal noted: “For all the fears about stretched technology shares, many of those companies are hugely profitable ones that will keep chugging along e ...