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Fermi Inc. (FRMI) Ends Losses, Jumps 7% on Bargain-Hunting
Yahoo Financeยท 2025-10-08 17:25
We recently published 10 Hot Stocks Sparking Buying Frenzy. Fermi Inc. (NASDAQ:FRMI) is one of the best performers on Tuesday. Fermi snapped a three-day losing streak on Tuesday, jumping 6.91 percent to close at $28.17 apiece as investors resorted to bargain-hunting to take advantage of its cheap valuation, supported by optimism from strong demand for AI. Fermi Inc. (NASDAQ:FRMI) is a newly listed company that successfully raised $682 million from its initial public offering (IPO) covering 32.5 million s ...