Fermi's Strong IPO Debut Driven by Data Center and Power Ambitions
25 days ago
Bloomberg News equities reporter Natalya / Kenny Javich
"The third name is Fermy. This is another IPO story. The ticker is FRMI. The stock is up by 54% today. ... This is the real estate investment trust founded by the former US Secretary of Energy Rick Perry. ... it expects to have 1 GW of power online by the end of next year and then about 11 GW of power by 2023."
Fermi (ticker FRMI) made a strong market debut with a 54% surge on its IPO, reflecting investor enthusiasm for its integration of data center real estate and energy infrastructure. With ambitious power capacity targets and backing from a well-known political figure, the company may capture interest from momentum investors looking for exposure to infrastructure and tech convergence.
Scores
Alpha Potential
9.0/10
Novelty
9.0/10
Credibility
8.0/10
Timeliness
9.0/10
Overall
8.6/10
Sentiment
Bullish
Conviction
High
Tier
Company Commentary
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Episode Information
Episode:
Tesla Ends Higher, Neptune Insurance & Fermi Skyrocket | Stock Movers
Source:Stock Movers
Published:
October 1, 2025
Idea Type:
Company Opinion