Catalyst Watch: Jobs Report, Nike earnings, Amazon hardware event, Sony spinoff, and Fermi IPO

Catalyst Watch: Jobs Report, Nike earnings, Amazon hardware event, Sony spinoff, and Fermi IPO

Stay ahead with next week's actionable stock market events—earnings, IPOs, economic data, and Fed updates. Discover key catalysts and trends.

Data Center REIT Fermi Files For IPO

Fermi co-founder Rick Perry Fermi, a data center real estate investment trust (REIT) whose founding team includes former Texas governor and U.S. Energy Secretary Rick Perry, has filed for an initial public offering (IPO). Amarillo, Texas-based Fermi aims to raise up to $550 million by selling 25 million shares for $18 to $22 apiece. A real estate investment trust (REIT) is a company that operates income-generating real estate properties. REITs …

Fermi, a data center REIT co-founded by Rick Perry, aims to raise $550M in its IPO at a $13.16B valuation, offering 25M shares priced between $18 and $22 each

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Fermi, a data center real estate investment trust co-founded by former Energy Secretary Rick Perry, aims to raise $550M in a US IPO at a $13.16B valuation

Arasu Kannagi Basil / Reuters: Fermi, a data center real estate investment trust co-founded by former Energy Secretary Rick Perry, aims to raise $550M in a US IPO at a $13.16B valuation  —  Fermi, co-founded by former U.S. Energy Secretary Rick Perry, is targeting a valuation of up to $13.16 billion in its U.S. initial public offering …