3 Green Flags for Nano-X's Future

Alex Carchidi, The Motley Fool
·4 min read
3 Green Flags for Nano-X's Future
3 Green Flags for Nano-X's Future

Nano-X Imaging (NASDAQ: NNOX) is one of the newest medical equipment companies to trade on the open market, but it's already facing a handful of maladies since its initial public offering (IPO) in August. Nano-X is the defendant in a shareholder lawsuit alleging that it misled investors regarding the capabilities of its flagship X-ray equipment. In particular, the perennially critical Citron Research group claims that Nano-X's product is largely a fraud as a result of over-promising and under-delivering proof of its efficacy.