Regular session
$6.92
-9.01%open $7.60
The reaction to Fermi's Q2 earnings is intensifying: a 9% slide to $6.92 wipes out the resistance test traders were watching hours ago. Next level to hold is the $6.90 area.
Latest Activity
Regular session
$7.14
-6.05%open $7.60
Down 6.05% to $7.14 in the first session after Fermi's Q2 2026 results hit EDGAR, and the slide takes the stock back below the $7.74 resistance traders were watching. Next test is whether it holds here or slips further.
Tracked 13F positioning
$33Macross 9 tracked filers
2 trimmed
- Renaissance Technologies LLC$8M—
- Point72 Asset Management LP$7M—
- Balyasny Asset Management LP$6M—
- D. E. Shaw & Co Inc$5M—
- Two Sigma Investments LLC$3M—
- Gotham Asset Management LLC$2M—
- Bridgewater Associates LP$490K-0.8%
- Millennium Management LLC$345K—
+ 1 more tracked holder
As of Mar 31, 2026 quarter end · 13F disclosures lag ~45 days — long positions only, tracked filers only.
The tracked whale list is almost entirely quant and multi-strategy money: Renaissance, Point72, Balyasny, D.E. Shaw and Two Sigma lead the nine filers we track, together holding about $32.6 million as of the March 31 disclosures. Nobody in that group added, two trimmed, and Bridgewater cut its share count by roughly 81%. That positioning is roughly 45 days stale against a $4.8 billion market cap, so it mainly identifies who trades this name.
Technical setup
- R2$10.09+32.8%
- R1$7.74+1.8%
- Now$7.60
- S1$5.37-29.3%
- S2$5.00-34.2%
- 50-day avg
- $7.08+7.3% above
- 200-day avg
- $9.58-20.7% below
- 52-week range
- $4.47 – $36.99
At $7.60, Fermi sits just under resistance at $7.74, the first hurdle any post-earnings pop has to clear, with the 50-day average at $7.08 right beneath as the near-term floor. A miss puts the $5.37 support level back in play, and the stock is still far below its 200-day average of $9.58 and its $36.99 52-week high.
FRMI Coverage
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