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NASDAQ:FERM 13 May 2026 - 17 June 2026

Fermi Stock Faces A High-Stakes Q1 Test As Founder Fight Deepens

Fermi Stock Faces A High-Stakes Q1 Test As Founder Fight Deepens

Toby Neugebauer and allied shareholders filed new proxy materials to press for board changes at Fermi Inc., despite the board’s claim that the May 29 special meeting has been canceled. The group plans to use separate proxy cards for the disputed May 29 vote and a shareholder-called meeting expected around June 30. Fermi’s board opposes Neugebauer’s push for control and a quick sale. First-quarter results are due Thursday.
13 May 2026
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Stock Market Today

  • Plug Power Shares Dip Despite Denmark Electrolyzer Deployment
    June 26, 2026, 5:10 PM EDT. Plug Power (NASDAQ:PLUG) shares fell 1.17% to $2.54 on June 26, marking a decline of roughly 11% since June 18 amid investor concerns over cash burn, scale, and substantial short interest. The company recently commissioned a 5 MW GenEco PEM electrolyzer in Denmark, contributing less than 2% to its global 320 MW capacity. This project is seen as a test rather than an immediate revenue driver, aiming to standardize and improve deployment execution. Q1 revenue rose 22% to $163.5 million, with improved gross margins, but high cash burn persists, with only $223 million in unrestricted cash from $802 million total. Short interest remains high at 25.5% of the float, though options market sentiment shows reduced bearishness.

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Western Digital (NASDAQ:WDC) falls 13%, stays above Wall Street average target

Western Digital (NASDAQ:WDC) falls 13%, stays above Wall Street average target

26 June 2026
Western Digital (WDC) plunged 12.7% to $589.54—still above the average analyst target of $560.45—after memory stocks tumbled despite recent bullish earnings and guidance, leaving investors questioning whether margin strength and estimate upgrades can justify the premium ahead of the August 5 earnings report.
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