Fermi Inc. (FRMI) shares fell 18.69 percent to $5.03, down $1.15 on Monday, after the company reported a net loss of $486.4 million for the period from January 10, 2025, through December 31, 2025, its first reported operating period since inception.
The stock opened at $4.95 after closing previously at $6.18. It traded between $4.63 and $5.20 during the session, with volume reaching 26.01 million shares, compared with average volume of 6.94 million shares.
EPS showed a loss of $1.13 based on weighted average shares outstanding of 467.96 million on the Nasdaq. The company did not report revenue during the period, while general and administrative expenses totaled $177.8 million, resulting in a loss from operations of $177.8 million.
The stock's 52-week range is $4.63 to $36.99.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.