Fermi’s stock price continued to stay low at the beginning of the week.
According to Yahoo Finance, Fermi closed on Tuesday at a stock price of $5.29. This stock price was roughly 17 cents lower than the company’s stock price at the opening of the market on Tuesday.
Fermi’s stock price has continued to lag following a recent announcement that company CEO Toby Neugebauer would be leaving the organization. Following Neugebauer’s departure, Fermi’s stock price tumbled roughly 30 percent and has struggled to reclaim its lost ground.