Why Fermi (FRMI) Stock Rose 25.47% in 10 Minutes on Oct 13, 2026
The 25.47% gain was larger than any reaction MoveSurge measured after Fermi headlines between Jul 15, 2026 and Oct 12, 2026; the largest of those was +4.13% in 15 minutes, on Aug 13, 2026.
- FRMI rose 25.47% in the 10 minutes after the 08:00:00 ET headline, from $3.22 to $4.04.
- 3.76 million shares changed hands in those 10 minutes, 542.7 times the stock's normal volume for that stretch of the session.
- The headline crossed in pre-market trading, 1 hour 30 minutes before the 9:30 ET open.
08:00:00 ET
Reaction by asset (real prices)
| Asset | 2m before | At release | +1m | +10m | +1m % | +10m % |
|---|---|---|---|---|---|---|
| FRMI Volume 542.7× normal in 15 min |
3.22 | 3.22 | 4.03 | 4.04 | +25.16% | +25.47% |
Fermi (FRMI) shares rose 25.47% in the 10 minutes after this headline reached the MoveSurge news feed at 08:00:00 ET on Tuesday, October 13, 2026: “Fermi Inc. has entered a credit support agreement with AMD to facilitate a lease for its Project Matador energy and AI initiative in Texas, featuring 222 megawatts of power capacity.”
FRMI in the first 10 minutes
From a reference price of $3.22 just before the headline, the stock was up 25.16% after one minute and up 25.47%, at $4.04, after 10 minutes. The first-minute move held. 3.76 million shares changed hands in those 10 minutes, 542.7 times the stock's normal volume for that stretch of the session. The headline crossed in pre-market trading, 1 hour 30 minutes before the 9:30 ET open.
Earlier FRMI headlines and the measured reaction
The 25.47% gain was larger than any reaction MoveSurge measured after Fermi headlines between Jul 15, 2026 and Oct 12, 2026; the largest of those was +4.13% in 15 minutes, on Aug 13, 2026.
- Aug 13, 2026, 07:01 ET: “Fermi (FRMI) Fiscal Q2 earnings results” (+4.13% in 15 minutes)
- Aug 10, 2026, 17:12 ET: “Fermi Signs First Binding 15-Year TensorWave Lease Worth $6.5B For 222MW AI Data Center, With Expansion Rights To More Than 650MW” (+3.80% in 15 minutes)
- Jul 20, 2026, 16:55 ET: “Fermi 13G Filing Shows Caddis Holdings Reported A 8.2% Stake In The Co As Of July 16, 2026” (-0.49% in 15 minutes)
Fermi at a glance
| Sector | Real Estate |
| Industry | Real Estate Investment Trusts |
| Market value | $2.20 billion (as of Oct 12, 2026) |
Prices are closes of 1-minute bars. Each move on this page is measured from the last completed bar before its headline.
What headline moved Fermi stock on October 13, 2026?
At 08:00:00 ET, this headline crossed: “Fermi Inc. has entered a credit support agreement with AMD to facilitate a lease for its Project Matador energy and AI initiative in Texas, featuring 222 megawatts of power capacity.” The stock rose 25.47% in the next 10 minutes.
How far did FRMI move after the headline?
From $3.22 just before the headline to $4.04 10 minutes later, a +25.47% move.
What else has moved FRMI stock recently?
The two largest measured reactions before October 13, 2026: Aug 13, 2026, Fermi (FRMI) Fiscal Q2 earnings results (+4.13% in 15 minutes); Aug 10, 2026, Fermi Signs First Binding 15-Year TensorWave Lease Worth $6.5B For 222MW AI Data Center, With Expansion Rights To More Than 650MW (+3.80% in 15 minutes).
Sources
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FRMI headline and measured reaction, Oct 13, 2026
— MoveSurge
The headline as it crossed, its timestamp, and the measured price reaction reported on this page.
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