Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»What’s Going On With Nano Nuclear Energy Stock? – Nano Nuclear Energy (NASDAQ:NNE)
    Commodities

    What’s Going On With Nano Nuclear Energy Stock? – Nano Nuclear Energy (NASDAQ:NNE)

    August 20, 20243 Mins Read


    Nano Nuclear Energy Inc. NNE shares pulled back slightly Tuesday after gaining nearly 90% over the past five days. Here’s a look at what’s going on.

    What To Know: Last week Nano announced the appointment of former Congressman Daniel M. Donovan Jr. to its executive advisory board and the signing of a memorandum of understanding (MOU) with the Rwanda Atomic Energy Board (RAEB) to advance the country’s nuclear energy development. 

    On Monday, former President Donald Trump vowed to eliminate the EPA’s “power plant rule” and accelerate the deployment of advanced small modular nuclear reactors if elected which sent Nano Nuclear’s stock up 27% for the session.

    Read Next: Sidus Space Reports Q2 Results After 45% Gain Monday

    Additionally, Nano Nuclear announced Tuesday that it has purchased a 1.64-acre land package in Oak Ridge, Tennessee, which includes a 14,000-square-foot, two-story building to house its corporate headquarters. The company expects to ultimately employ up to 30 personnel at the facility.

    Nano Nuclear shares have been trading on heavy volume with increased interest from retail investors. The stock also has outsized short-interest with 25.37% of shares being sold short, according to data from Benzinga Pro. 

    By now you’re likely curious about how to participate in the market for Nano Nuclear Energy — be it to purchase shares, or even attempt to bet against the company.

    Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share. For example, some stock, such as Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you.

    If you’re looking to bet against a company, the process is more complex. You’ll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading — either way it allows you to profit off of the share price decline.

    NNE Price Action: According to Benzinga Pro, Nano Nuclear Energy shares ended Tuesday’s session down 1.45% at $10.91.

    Read Also:

    Photo: Pete Linforth from Pixabay

    Market News and Data brought to you by Benzinga APIs

    © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Florida ag law to ramp up immigration arrests on interstates

    Commodities

    Crescent Energy to Buy Vital Energy in $3-Billion Deal

    Commodities

    Cost of living has come down

    Commodities

    Crescent Energy to acquire Vital Energy in US$3.1 billion shale deal – BNN Bloomberg

    Commodities

    Permits were expedited for this California clean energy project. Were residents sidelined?

    Commodities

    Farmers warn of crisis as poll shows 80% fear for survival and none back Labour

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Property

    Insights on the Global Property Management System for Hotels

    Cryptocurrency

    Why Dawgz AI is the One to Watch

    Property

    EQT Real Estate acquiert 148 000 m2 d’entrepôts en France

    Editors Picks

    European Central Bank Sets Up Innovation Hub to Test CBDC as Preparation Phase Nears End

    May 6, 2025

    Du 16 au 18 mai au SVICC – DITEX 2025 : la vitrine des technologies de demain 

    May 16, 2025

    Robinhood CEO Says Company Responded to SEC Wells Notice

    August 9, 2024

    Cryptocurrency Scams: Identifying and Preventing Fraud

    June 25, 2025
    What's Hot

    Govt cuts import tariff prices of Gold and Silver

    March 3, 2025

    Wyoming lawmakers discuss integration of digital assets ahead of first state-issued stable token

    May 14, 2025

    Comment recycler 90 % des déchets nucléaires en combustible électrique

    March 9, 2025
    Our Picks

    Who is Do Kwon? South Korean ” Crypto Genius” and Terraform Labs Founder Pleads Guilty in $40 Billion Cryptocurrency Collapse

    August 13, 2025

    Commercial real estate transaction announcements – 8/28/24

    August 28, 2024

    Crypto ETF Assets to Surpass Precious Metals by Year-End

    March 3, 2025
    Weekly Top

    How to Build a FinTech Product That Solves Real-World Problems: By Nikunj Gundaniya

    August 25, 2025

    Cost of living has come down

    August 25, 2025

    U.S. tariffs strengthening Africa’s local currency payments – Fintech expert  

    August 25, 2025
    Editor's Pick

    RFK Jr. suggests he’ll have a significant role on agriculture and health policy if Trump is elected

    October 15, 2024

    Motilal Oswal sees more upside in copper, aluminium as supply tightens

    June 11, 2025

    This African Fintech Is Giving Workers A Better Way To Send Money Home

    August 21, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.