$Fermi Inc.(FRMI)$ Fermi listed its shares on Wednesday during trading hours, where it hovered at $25 to $29 for most of its trading session, during the last 10 minutes it pushed its daily high every other minute, closing just over $35.65.
Fermi had a land lease to building one of the largest AI-fueled Data Centres in the States. It's IPO came at a very strategic timing, with the AI wave as a tailwind and Rick Perry (Former Texas governor and friend of President Trump) as a co-founder of the company.
Closest comp will be Data Centre giant, CoreWeave.
I entered a fairly sizable position and exit quickly, if I were to have held it to post market, my gains would've quadrupled.
Modify on 2025-10-02 13:43
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