Fermy America, a data center REIT founded by former U.S. Energy Secretary Rick Perry, surged 54.9% on its Nasdaq debut, driven by AI-fueled data center demand and investor optimism over Perry’s political network, despite having no revenue to date.
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Fermy America Soars 54% on Nasdaq Debut

Fermy America, a data center REIT founded by former U.S. Energy Secretary Rick Perry, surged 54.9% on its Nasdaq debut, driven by AI-fueled data center demand and investor optimism over Perry’s political network, despite having no revenue to date.

Yonhap Infomax