Why Nano-X Imaging Stock Just Crashed 15%
Start-up Israeli X-ray maker Nano-X Imaging (NASDAQ: NNOX) -- a recent IPO stock that had already doubled off its IPO price in just its first eight days of trading -- had an even better week last week. Over the course of four straight days of gains, this company that's aiming to upset the business model of other medical device makers by providing X-ray hardware as a service climbed another 76%.
Today, it's giving a lot of that back. Nano-X stock plunged 14.6% through 12:30 p.m. EDT.
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Source Fool.com