Stock Track | Fermi Inc. Plummets 6.93% Intraday After UBS Slashes Target Price by 73%

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Fermi Inc.'s stock plummeted 6.93% during intraday trading on Wednesday, marking a significant downward movement for the company's shares.

The sharp decline followed UBS's decision to cut its target price for Fermi Inc. dramatically from $30 to $8, representing a 73% reduction in the bank's price outlook for the company.

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