Why Nano-X Imaging Stock Just Crashed 14.5%

·2-min read
Why Nano-X Imaging Stock Just Crashed 14.5%

Shares of Nano-X Imaging (NASDAQ: NNOX) stock tumbled on Tuesday morning after the start-up maker of X-ray machines announced a modest earnings miss and a big sales prediction -- and suffered a short attack on top of it all. As of 11:35 a.m. EDT, Nano-X shares are down 14.5%. Heading into Q1 results, analysts had forecast that Nano-X would report a $0.25-per-share loss.

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