Why Are Nano Nuclear Energy Shares Trading Higher Tuesday?
Portfolio Pulse from Vaishali Prayag
Nano Nuclear Energy Inc. (NASDAQ:NNE) shares surged significantly after Benchmark raised its price target from $15 to $39. The stock's rise is driven by the U.S. Senate's approval of the ADVANCE Act and the company's acquisition of ALIP IP, enhancing its technological capabilities. NNE shares closed up 39.43% at $29.10.
June 25, 2024 | 8:24 pm
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Nano Nuclear Energy's shares surged after Benchmark raised its price target from $15 to $39, driven by the ADVANCE Act and the acquisition of ALIP IP. The stock closed up 39.43% at $29.10.
The significant price target increase by Benchmark, coupled with the U.S. Senate's approval of the ADVANCE Act and the acquisition of ALIP IP, has driven investor enthusiasm and a notable stock price increase.
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