Fortifai (FTI) is held by 8 ASX ETFs. Over the last 3 months it fell 24.6%: on $10,000, −$2455. We explain 6 big moves in that time.
About FTI
- SectorCommunication Services
- IndustryMedia & Entertainment
- Size$240.8m
- Held by8 ETFs
- Big moves6 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- +8.3%peak +14.2%29 Sep 2026· Contract
FTI.AX rose sharply after announcing its NOL8 platform is now integrated with Equinix Fabric, a significant commercial partnership milestone for its AI networking technology.
- +15.9%peak +17.9%17 Sep 2026· Unknown
Fortifai's stock likely rose on renewed investor interest following a Kalkine media piece highlighting the company's AI transition and technology development narrative, with no formal announcement driving the move.
- +18.6%peak +23.5%4 Aug 2026· Contract
Fortifai's stock surged after the company announced successful global testing of its NOL8 AI Data Plane Version 1.0, validating its pivot from a games studio to an AI technology contender and attracting significant institutional buying from Regal Partners.
- +15.6%peak +16.7%31 Jul 2026· Contract
Investor enthusiasm around Fortifai's pivot from gaming to artificial intelligence, boosted by recent coverage of its Nol8 AI Data Plane launch and Megaport AI Exchange partnership, has driven a speculative buying surge
- +11.7%peak +14.4%22 Jul 2026· Unknown
No clear catalyst identified; the share price rise appears to be speculative buying or a technical bounce after recent price weakness, with no company announcements or breaking news to explain the move.
- −11.7%peak −12.4%17 Jul 2026· Stake Change
Fortifai's share price has been in a sustained multi-day sell-off driven by investor concern over its strategic pivot from video games to AI infrastructure, compounded by notable insider selling that preceded the decline.
Held by 8 ETFs
Of every $10,000 in each fund, how much is in FTI today.
- IJHiShares S&P Mid-Cap ETF$790.79%
- GWTHVanEck MSCI International Growth ETF$320.32%
- GOATVanEck Morningstar International Wide Moat ETF$300.30%
- WDMFiShares World Equity Factor ETF$230.23%
- IMTMiShares MSCI World ex Australia Momentum ETF$9.000.09%
- VTSVanguard US Total Market Shares Index ETF$4.210.04%
- VGSVanguard MSCI Index International Shares ETF$3.390.03%
- VGADVanguard MSCI Index International Shares (Hedged) ETF$3.200.03%
Why did FTI fall 11.7% on 17 Jul 2026?
Fortifai
Fortifai's share price has been in a sustained multi-day sell-off driven by investor concern over its strategic pivot from video games to AI infrastructure, compounded by notable insider selling that preceded the decline.
No ASX company announcement was filed in the relevant window, so the move cannot be attributed to a disclosed corporate event. However, the news record shows a clear pattern: articles from July 13–17 document a multi-day slide, flagging insider selling, a business model pivot (video games to agentic AI infrastructure), and market reassessment of the company's outlook — all pointing to a loss of investor confidence rather than a single catalyst. The elevated volume (2.1x) and price drop on the detection day align with continued selling pressure from this narrative rather than a fresh discrete event, reducing confidence from 'high' since no single definitive trigger is confirmed.
Written by a language model from the evidence below, and it can be wrong. Tell us and we will fix or remove it. General information only, not financial product advice. It does not consider your objectives, finances or needs. Past performance is not a guide to future performance.
Evidence
News coverage
What it did to the 8 ETFs holding FTI
On $10,000 in each fund, at the weight it holds today