Welcome to our dedicated page for Fermi news (Ticker: FRMI), a resource for investors and traders seeking the latest updates and insights on Fermi stock.
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Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fermi's position in the market.
Highland Global Allocation Fund (NYSE: HGLB) named Scott Johnson as a portfolio manager effective October 7, 2025, joining existing manager James Dondero.
On October 1, 2025 the Fund's net asset value rose 18.86% ($2.24), driven primarily by an investment in a data center REIT that converted from convertible preferred to common stock and listed on Nasdaq under ticker FRMI. The position was not large by weight but had an outsized impact on NAV following the IPO. The Fund will continue to follow its stated investment objective and strategies.
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