Why Shares of Nano Nuclear Energy Are Powering Down Today

Key Points Nano Nuclear Energy announced a $400 million equity placement. Proceeds from the transaction will be used to help the company advance development of its micro reactor. Although investors fear dilution, the company isn't generating revenue, so raising capital through the issuance of equity is unsurprising. 10 stocks we like better than Nano Nuclear Energy › Poised to break its five-day streak of closing higher than the day before, Nano Nuclear Energy (NASDAQ: NNE) stock is falling steep ...