Fermi (FRMI) Nosedives 15% as Partner Withdraws from Deal

We recently published 10 Stocks Facing Selling Pressure Ahead of Christmas. Fermi Inc. (NASDAQ:FRMI) is one of the biggest losers on Monday. Fermi extended its losing streak to a fourth consecutive day on Monday, dropping 14.87 percent to close at 8.59apieceasnewsthatoneofitsmajortenantspulledoutfromanearlierleasingagreementcontinuedtodentinvestorsentiment.Inaregulatoryfilinglastweek,FermiInc.(NASDAQ:FRMI)saidthatoneofitsunnamedprospectivetenants,whichitinkeda8.59 apiece as news that one of its major tenants pulled out from an earlier leasing agreement continued to dent investor sentiment. In a regulatory filing last week, Fermi Inc. (NASDAQ:FRMI) said that one of its unnamed prospective tenants, which it inked a ...