Down 53%. Is Nano-X Imaging a Buy on the Dip?
Nano-X Imaging (NNOX) fool.com·2024-05-30 09:31
Nvidia is holding the stock, but that doesn't necessarily make it a terrific investment for everyday investors. Shares of Nano-X Imaging (NNOX -1.18%) are down about 53% over the past 12 months, and it's not hard to understand why. The company generated a lot of buzz when it earned Food and Drug Administration (FDA) clearance to market the Nanox.ARC a little over a year ago, but sales haven't grown. The Nanox.ARC employs proprietary technology that produces X-rays with far less electricity, which should red ...