Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / NNOX - Why Nano-X Stock Just Crashed 28%


NNOX - Why Nano-X Stock Just Crashed 28%

For three happy weeks since its initial public offering, Israeli X-ray machine maker Nano-X Imaging (NASDAQ: NNOX) could do no wrong. The disruptive purveyor of "free" X-ray machines, which planned to make its money by sharing in the fee for service charged by its customers to their customers, saw its share price sink only three times in 14 trading days -- and closed trading on Friday up more than 250% from its IPO price.

But nothing lasts forever. Today, Nano-X shares are in free fall, down 27.8% as of 10:50 a.m. EDT, after being savaged in a short report from Citron Research this morning.  

Image source: Getty Images.

Continue reading

Stock Information

Company Name: NANO-X IMAGING LTD
Stock Symbol: NNOX
Market: NASDAQ
Website: nanox.vision

Menu

NNOX NNOX Quote NNOX Short NNOX News NNOX Articles NNOX Message Board
Get NNOX Alerts

News, Short Squeeze, Breakout and More Instantly...