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Nano-X Imaging Ltd. (NNOX): A Bear Case Theory

We came across a bearish thesis on Nano-X Imaging Ltd. (NNOX) on Substack by Steve Wagner. In this article, we will summarize the bears’ thesis on NNOX. Nano-X Imaging Ltd. (NNOX)'s share was trading at $6.07 as of Nov 26th.

[caption id="attachment_904176" align="aligncenter" width="750"] Pixabay/Public domain[/caption]

Nano-X Imaging (NNOX) provided an update on its Q3 2024 operations, revealing mixed results and raising several concerns for investors. The company reported $3 million in revenue for the quarter, a modest increase from $2.5 million in Q3 2023. A notable highlight...