Fermi (FRMI) closed at $3.72 on Oct 13, 2026, up 14.5% on the day. The stock is down 26.3% over the past month, down 40.5% over three months, down 53.5% year to date and down 87.2% over the past year. It trades 88.0% below its 52-week high of $30.90 and 16.2% above its 52-week low of $3.20. The close sits below its 50-day moving average ($5.16) and below its 200-day moving average ($6.85).
No — the Oct 13, 2026 close of $3.72 is 45.7% below the 200-day average of $6.85.
FRMI closed 88.0% below its 52-week high of $30.90.
Fermi Inc. develops next-generation private electric grids that deliver highly redundant power at gigawatt scale to support next-generation intelligence and AI compute. The company combines cutting-edge technology with a deep bench of proven world-class multidisciplinary leaders with a combined 25 GW of experience to create one of the world's largest 17 GW next-generation private grids, helping ensure America's energy and AI dominance. The behind-the-meter Project Matador campus is expected to integrate the nation's largest combined-cycle natural gas project, one of the largest clean new nuclear power complexes in America, utility grid power, solar power, and battery energy storage to support hyperscale AI and advanced computing. The company was incorporated in 2025 is headquartered in Amarillo, Texas.