Higgins: AI pure plays have undergone a rolling market correction
Jordan Higgins · OpenAI ENDS Vesting Cliff · Dec 16, 2025 · at 24:49
Jordan Higgins discusses energy company Fermi's 75% post-IPO stock decline and the broader market valuation reset for AI-focused companies.
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“They've traded down almost 75% since their IPO. So it seems like, yeah, we've basically seen this kind of rolling correction across every single AI pure play.”
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