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Fermi (FRMI) Stock Drops 4% as Court Subpoena Targets Texas Data Center Project

By Trader Edge at 2026-10-03 01:14

Sentiment: Negative

TLDR Fermi (FRMI) fell 4.3% Monday after disclosing a subpoena from a U.S. District Court linked to its Project Matador data center campus in west Texas. The Eastern District of New York also requested records tied to former members of Fermi’s management team, with the SEC making a similar document request. Manufacturers Life Insurance sold [...] The post Fermi (FRMI) Stock Drops 4% as Court Subpoena Targets Texas Data Center Project appeared first on CoinCentral. Continue reading...

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