Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Nano-X Imaging Stock Gained 17% Last Month

TheMotleyFool

0 0

Why Nano-X Imaging Stock Gained 17% Last Month

Shares of Nano-X Imaging (NASDAQ: NNOX) were gaining last month after the controversial radiology disruptor said early in the month that it would demonstrate its technology at a conference at the end of November. Investors seemed to take that news as a sign that the company's unproven technology is legitimate.

The stock finished the month up 17% as a result, according to data from S&P Global Market Intelligence. The chart below shows that the stock soared on that news early in the month and then slipped as enthusiasm over the stock faded.