Streetbeat News

NNE

Nano Nuclear Energy Inc

Industry

Industrial - Machinery

NANO Nuclear Energy Inc. operates as a microreactor technology company. The company is developing ZEUS, a solid-core battery reactor, and ODIN, a low-pressure coolant reactor. It is also developing a high-assay low-enriched uranium fabrication facility to supply fuel to the nuclear reactor industry and fuel transportation and nuclear consultation businesses. The company was founded in 2021 and is based in New York, New York.

Open

31.27

Mkt cap

1.1B

Volume

2.8M

High

31.40

P/E Ratio

-68.90

52-wk high

48.05

Low

28.48

Div yield

N/A

52-wk low

3.25

Nano Nuclear Energy's shares are moving lower as traders circulate a report by Hunterbrook titled 'Fission Impossible: Nano Nuclear Has No Revenue, No Products, Laughable Timelines, Part-Time Executives, And A $600M Market Cap'.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:49 pm

NANO Nuclear Energy Inc. (NASDAQ:NNE) has been invited to represent the U.S. civil nuclear energy industry at the IAEA General Conference in Vienna, Austria. This event, organized by the U.S. Department of Commerce's International Trade Administration, will provide NANO Nuclear with valuable market insights and industry connections.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:42 pm

Benchmark analyst Michael Legg has reiterated a Buy rating on Nano Nuclear Energy (NASDAQ:NNE) and maintained a $39 price target.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:45 pm

Paramount Global shares surged by around 8% in pre-market trading following a $28 billion merger deal with Skydance Media to create 'New Paramount.' Other notable pre-market movers include Shapeways Holdings, Inspire Veterinary Partners, and Dynatronics Corporation among gainers, while China Liberal Education Holdings and Beneficient were among the losers.

Portfolio Pulse from Avi Kapoor

July 08, 2024 | 9:40 am

NIO Inc. (NYSE:NIO) shares fell 8.5% after the resignation of CFO Steven Wei Feng. Other notable movers include Qualigen Therapeutics, Inc. (NASDAQ:QLGN) up 120%, Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) up 70.5%, and Macy’s, Inc. (NYSE:M) up 10.4% due to an increased acquisition bid. XPeng Inc. (NYSE:XPEV) declined 10% after announcing vehicle delivery figures.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 4:59 pm

U.S. stocks were mixed on Friday, with the Dow Jones index falling around 90 points. Macy's shares rose sharply by 10.4% following an increased bid from Arkhouse Management and Brigade Capital Management. Other notable gainers included Koss Corporation, NANO Nuclear Energy, Sirius XM Holdings, and several others.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:02 pm

Simulations Plus, Inc. (SLP) reported Q3 results and issued FY24 EPS guidance below estimates, leading to a 5.3% decline in pre-market trading. First Foundation Inc. (FFWM) shares tumbled 27.7% after announcing significant investments. Repay Holdings Corporation (RPAY) shares slipped 14.1% following the pricing of its convertible notes offering. Noah Holdings Limited (NOAH) shares declined 10.7%, NANO Nuclear Energy Inc. (NNE) shares fell 5.5%, American Software, Inc (AMSWA) shares fell 5%, and Garrett Motion Inc. (GTX) shares declined 4.5% in pre-market trading.

Portfolio Pulse from Avi Kapoor

July 03, 2024 | 12:53 pm

Nano Nuclear Energy Inc. (NASDAQ:NNE) shares are trading higher, up nearly 50% over the past five days. The surge follows the company's MOU with Curio Solutions, the U.S. Senate's approval of the ADVANCE Act, a price target increase by Benchmark, and the acquisition of ALIP intellectual property.

Portfolio Pulse from Erica Kollmann

July 01, 2024 | 3:03 pm

NANO Nuclear Energy shares are trading higher following the announcement of a Memorandum of Understanding (MoU) with Curio Solutions. The collaboration aims to optimize Curio's nuclear fuel recycling capabilities for next-generation portable nuclear microreactors.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 2:23 pm

NANO Nuclear Energy has signed a Memorandum of Understanding (MOU) with Curio Solutions to optimize nuclear fuel recycling for next-generation portable microreactors. This partnership aims to enhance the efficiency and sustainability of nuclear energy solutions.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:35 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.