Why Nano Nuclear Energy Stock Popped Today

NANO Nuclear's news today is good, not great -- and not a solution to its cash problems.NANO Nuclear Energy (NNE +12.49%) stock, a start-up manufacturer of small modular (nuclear) power reactors, surged 12% through 1 p.m. ET Friday, the first trading day after the company announced -- on New Year's Eve -- that it has signed a Memorandum of Understanding (MOU) with the University of Illinois Urbana-Champaign "to collaborate on the development, construction, and operation of its KRONOS MMR" small modular reac ...