Why Shares Are Swinging, Latest SEC Filing, and Analyst Price Targets (Dec. 17, 2025)
Fermi Inc. (NASDAQ: FRMI; LSE: FRMI) stock is back in the spotlight on Wednesday, December 17, 2025, after another volatile session that followed last week’s sharp selloff and Tuesday’s strong rebound. In early afternoon trading, FRMI was changing hands around $8.85, down about 9% on the day after opening near $10.00 and sliding as low as $8.75, with volume approaching 4.25 million shares.
The latest move comes as investors digest a key development disclosed in a recent SEC filing: a prospective “first tenant” for Fermi’s flagship Project Matador in Texas terminated an agreement that could have advanced up to $150 million toward construction costs—while lease negotiations continue. [1]
Below is what’s driving FRMI today…
