Fermi remains substantially overvalued even after a steep price drop. Read more about the recent loss of a major tenant for this REIT.

Shares of Fermi Inc. crumpled Friday after the company with links to President Donald Trump was surprised by some bad news from what was supposed to be the first tenant of its massive data-center ...

If you are wondering whether Fermi's beaten down share price is a bargain or a value trap, you are not alone. This is exactly what we are going to unpack. The stock has slid to around $15.16, dropping ...

(Bloomberg) --Fermi Inc. plunged as much as 46% on Friday after the power developer, co-founded by former Texas governor Rick Perry, said a tenant terminated a $150 million agreement tied to its ...

Investing.com -- Fermi America stock plunged 31% after the company disclosed that an investment grade-rated tenant has terminated a $150 million construction funding agreement for its Project Matador ...

A potential tenant in Fermi America’s flagship project has pulled out of a deal to help fund the construction of the data center and power production megacampus. The unnamed company, described as ...

Fermi (FRMI) shares sank as much as 43% on Friday after the power developer revealed that a tenant had canceled a $150 million agreement linked to its proposed Project Matador AI campus in West Texas.

Simply sign up to the Property sector myFT Digest -- delivered directly to your inbox. Shares in data centre real estate group Fermi almost halved on Friday after the company said its first tenant had ...

Fermi's stock is rocked, as the company with plans to be a big player in the AI-power business and a REIT is having trouble closing a deal with its first tenant Fermi, co-founded by a former secretary ...

(Alliance News) - Fermi Inc on Friday said it lost a funding deal with the first potential tenant of its Matador power grid, but maintained that it will complete the project on schedule. The Amarillo, ...

Haynes and Boone recently represented Fermi America—an energy company co-founded by former U.S. Energy Secretary Rick Perry and CEO Toby Neugebauer—in its initial public offering (IPO), which values ...