markets
Discover — FRMI -13.45% (1:00 PM ET)
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
$FRMI is getting hit hard intraday, down 13.45% to $5.83 on $10.1M in dollar-volume.
Price has dropped from a previous close of $6.73, and $10.1M in turnover for a name outside our regular coverage is a meaningful liquidity spike — this is not a quiet drift lower. The volume concentration suggests active selling pressure rather than a thin-market artifact. Watch for whether $5.83 holds as intraday support or if sellers continue to push through — a further breakdown on sustained volume would be the key escalation signal heading into the close.