Geopolitics Alpha

Fermi (FRMI) is Regaining Its Power Thanks to This Tech Giant

Published . Updated .

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

Fermi (FRMI) is Regaining Its Power Thanks to This Tech Giant

Fermi Inc. (NASDAQ:FRMI) is one of the 10 Stocks Defying Tech Market Turmoil. Fermi extended its winning streak to a third consecutive day on Friday, soaring 26.7 percent to close at $2.61 apiece, as investor sentiment was bolstered by reports that it revived talks with Amazon

Directly affected

  • FRMI Fermi-51.0% 30d

    Named in this report.

  • AMZN Amazon Com+6.4% 30d

    Named in this report.

Indirectly affected

  • XLY Consumer Discretionary Select Sector SPDR+5.7% 30d

    Consumer Discretionary Select Sector SPDR holds the consumer sector that Amazon.com belongs to, so it often moves with news about it.

  • CPNG Coupang+11.0% 30d

    Coupang is a peer of Amazon.com in catalog and mail-order houses; rivals often move on the same news.

  • CDW Cdw+27.4% 30d

    Cdw is a peer of Amazon.com in catalog and mail-order houses; rivals often move on the same news.

  • W Wayfair

    Wayfair is a peer of Amazon.com in catalog and mail-order houses; rivals often move on the same news.

  • CHWY Chewy+14.5% 14d

    Chewy is a peer of Amazon.com in catalog and mail-order houses; rivals often move on the same news.

  • NSIT Insight Enterprises+7.6% 30d

    Insight Enterprises is a peer of Amazon.com in catalog and mail-order houses; rivals often move on the same news.

  • XLRE Real Estate Select Sector SPDR+5.5% 30d

    Real Estate Select Sector SPDR holds the real estate sector that Fermi belongs to, so it often moves with news about it.

  • WELL Welltower+6.4% 30d

    Welltower is a peer of Fermi in real estate investment trusts; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRMI-36.54%-30.00%baseafter closeafter closeafter closeafter close
AMZNPrices arriving within minutes———after closeafter closeafter closeafter close
XLYPrices arriving within minutes———after closeafter closeafter closeafter close
CPNGPrices arriving within minutes———after closeafter closeafter closeafter close
CDWPrices arriving within minutes———after closeafter closeafter closeafter close
WPrices arriving within minutes———after closeafter closeafter closeafter close
CHWYPrices arriving within minutes———after closeafter closeafter closeafter close
NSITPrices arriving within minutes———after closeafter closeafter closeafter close
XLRE+0.63%+0.47%baseafter closeafter closeafter closeafter close
WELL+1.16%+1.14%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Fermi (FRMI) is Regaining Its Power Thanks to This Tech Giant Yahoo Finance

Source: Yahoo Finance

This story

CompanyWhenMoveStatus
FRMIthree days earlier-30.00%final price
FRMIfive days earlier-36.54%final price
WELLthree days earlier+1.14%final price
WELLfive days earlier+1.16%final price
XLREthree days earlier+0.47%final price
XLREfive days earlier+0.63%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Fermi (FRMI) is Regaining Its Power Thanks to This Tech Giant” scores 12 out of 100. The score uses 1 sources.