NasdaqGS:FRMISpecialized REITs
A Look At Fermi (FRMI) Valuation After Leadership Shakeup Financing And Project Matador Progress
Fermi (FRMI) is back in the spotlight after a U.S. court denied its bid to block a shareholder meeting, followed within hours by new bylaws that raise the approval threshold for seating directors to 70%.
See our latest analysis for Fermi.
That court setback and the new 70% bylaw came alongside Fermi's Q1 net loss of US$189 million and leadership overhaul. Yet the stock has a 1 day share price return of 22.83% and a 7 day share price return of 43.95%, while the 90 day share price return is...