[A Response] to the Citron Research Report on Nanox

Written by TheLoneroFoundation | Published 2020/09/20
Tech Story Tags: finance | stock-market | stocks | technology | medicine | business | business-analysis | trading

TLDR Citron Research releases a report calling Nanox worth $0 causing the stock to tumble. Nanox reached as high as nearly $67 a share in a matter of weeks to dramatically dropping towards $28. Citron research claimed Nanox a farce, Theranos 2.0, and put a price target at $0. After, Nanox had IPO’d at $18 a share, and a $20.34 open, it has essentially became an IPO darling. Nanox claims they believe the Citron report is false and misleading.via the TL;DR App

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Written by TheLoneroFoundation | Big fan of decentralized software and the pursuit of scientific research.
Published by HackerNoon on 2020/09/20