Why Is Everyone Talking About Nano-X Imaging Stock?
Nano-X Imaging (NASDAQ: NNOX) is quickly becoming one of the most talked-about companies in the entire healthcare sector, thanks to an upcoming binary outcome. It will either disrupt the entire global medical imaging industry with its invention, or fail spectacularly in a nonetheless glorious attempt.
At issue is its invention of a cold cathode X-ray tube for CAT scans. The current technology involves using a large amount of thermal energy to create an electron beam that forms the basis of the X-ray (hot cathode tube), which results in more than 99% of energy being lost as heat. Cold cathode tubes involve the application of an electric field to extract electrons from a metal to form the X-ray, dramatically increasing the device's energy efficiency.
If that sounds too good to be true, it really might be. Prominent short-seller Citron Research has labeled the company "a complete farce," with significant scrutiny of the company's science. Is the stock really about to take a steep plunge, or is its impressive 124% return since its August IPO justified with more to come?
Source Fool.com
