NNOX - Nano-X Imaging to demo low-cost system at major show in late November

Investors on both sides of the aisle should be interested to know that recent IPO Nano-X Imaging (NNOX) plans to demonstrate its Nanox-ARC system in late November at RSNA 2020, the largest radiology conference in the world with over 50K attendees (at least before COVID-19).The company also plans to demonstrate its digital x-ray source, the principal enabler of its low-cost imaging device.The stock has almost completed a roundtrip from its August 21 U.S. debut, closing the day at $21.70. Shares rocketed up there, peaking at $66.67 on September 11, before reversing on profit-taking and short sellers taking positions on perceptions of blatant stock promotion. The stock closed today at $23.97.Shares up 27% after hours.

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Nano-X Imaging to demo low-cost system at major show in late November