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Fermi shares drop 12%+ after the data center real estate company reported a $486M YTD net loss, amid concerns over a lack of a tenant for its Texas data center (Financial Times)

Summary by Upstract
Financial Times: Fermi shares drop 12%+ after the data center real estate company reported a $486M YTD net loss, amid concerns over a lack of a tenant for its Texas data center — Data centre property group faces investor concerns around lack of tenant revenue — Shares in data centre real estate…

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Upstract broke the news in on Monday, March 30, 2026.
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