Forum Markets, Incorporated (FRMM) Stock Price, News & Analysis
What Changed
Price Move History
- Daily moves over 5%
- 43 136 sessions, March 2, 2026 to September 14, 2026
- Largest daily move
- +81% close of April 17, 2026
Company Description
Forum Markets, Incorporated (Nasdaq: FRMM) operates a digital asset platform focused on the tokenization of real-world assets. The company structures cash-generating financial assets for use on blockchain-based capital markets infrastructure, with an emphasis on institutional-grade asset classes and digital instruments tied to contractual cash-flow streams.
Forum's business approach connects traditional asset-finance and asset-management practices with blockchain infrastructure. Its materials describe a model built around originating, financing, warehousing or acquiring real-world assets before bringing those assets onto digital market architecture. The platform is intended to support primary issuance, asset administration and potential secondary market activity for tokenized financial instruments.
Business model and asset focus
The company's real-world asset focus includes credit and finance assets such as consumer credit, equipment finance, auto loans, manufactured housing finance, aviation assets and short-term infrastructure lending structures. Forum has described warehouse financing arrangements and bridge-lending activity as ways to aggregate or finance assets that may later be incorporated into tokenized product structures.
Forum uses blockchain infrastructure, including Ethereum and related Layer-2 scaling protocols, to support issuance and management of tokenized instruments. The company's stated economics include yield from assets before tokenization, tokenization-related activity and potential recurring asset-management fees over time. Its reported business strategy is centered on building infrastructure for alternative assets that have historically been originated, financed and distributed through traditional private-market channels.
Public-company profile
Forum Markets is headquartered in Palm Beach, Florida, and its common stock trades on the Nasdaq Stock Market under the symbol FRMM. The company has undergone a corporate transformation and recapitalization reflected in its public record; filings identify Forum Markets, Incorporated as formerly ETHZilla Corporation and formerly 180 Life Sciences Corp.
As a public company, Forum's corporate updates have included financial results, operational updates, capital actions, governance matters and agreements related to its common stock and digital-asset platform strategy. The company's current identity is defined by real-world asset tokenization, blockchain-enabled market infrastructure and finance assets that can generate cash flows before or alongside digital issuance.
Stock Performance
Forum Markets, Incorporated (FRMM) closed at $4.46 on September 14, 2026. Over the past month, the price has lost 26.8%.
FRMM Metrics & Rankings
Price returns through September 14, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.
Latest News
Forum Markets, Incorporated has 10 recent news articles. Of the recent coverage, 6 articles coincided with positive price movement and 4 with negative movement. Key topics include earnings, earnings date, acquisition, buybacks. View all FRMM news →
SEC Filings
Forum Markets, Incorporated has filed 5 recent SEC filings, including 2 Form 8-K, 2 Form SCHEDULE 13G/A, 1 Form 4. The most recent filing was submitted on August 21, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all FRMM SEC filings →
Insider Radar
Insider selling at Forum Markets, Incorporated over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Forum Markets, Incorporated generated $6.5M in revenue in FY2025, operating income reached -$233.4M (-3565.8% operating margin), and net income was -$450.5M, reflecting a -6881.3% net profit margin. Diluted earnings per share stood at -$54.32. The company generated -$26.1M in operating cash flow. With a current ratio of 0.33, short-term liquidity bears monitoring.
Upcoming Events
Year-end 2026 AUM target
Cash-flow target
Share buyback expiry
Forum Markets, Incorporated has 3 upcoming scheduled events. The next event, "Year-end 2026 AUM target", is scheduled for December 31, 2026 (in 106 days). 2 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the FRMM stock price.
Short Interest History
Short interest in Forum Markets, Incorporated (FRMM) currently stands at 2.2 million shares, down 4.8% from the previous reporting period, representing 29.5% of the float. Since March 2026, short interest has decreased by 25.8%. This high level of short interest suggests significant bearish sentiment among traders. With 17.8 days to cover, it would take significant time for short sellers to close their positions based on average trading volume.
Days to Cover History
Days to cover for Forum Markets, Incorporated (FRMM) currently stands at 17.8 days, up 71.8% from the previous period. This elevated days-to-cover ratio indicates it would take over two weeks of average trading volume for short sellers to exit their positions, suggesting potential for a short squeeze if positive news emerges. The days to cover has increased 152.5% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 17.8 days.
FRMM Company Profile & Sector Positioning
Forum Markets, Incorporated (FRMM) operates in the Software - Application industry within the broader Technology sector and is listed on the NASDAQ.