Fermi's Anchor Tenant Walked in December. Everything Else Followed.

Fermi America's anchor tenant walked in December, the CEO and CFO followed this month, and Cleanview's satellite imagery confirms zero construction at Project Matador while the stock sits 69% below its October IPO. Developers who lock tenants before announcements, and who control their own generation and water offsets, are picking up the ground Fermi just ceded.