If You'd Invested $10,000 in Nano-X Imaging in 2020, This Is How Much You Would Have Today
Nano-X Imaging (NASDAQ: NNOX) has been one of the hottest healthcare stocks on the markets this year. It has more than doubled in value after receiving clearance from the Food and Drug Administration (FDA) for its x-ray system. The imaging company is on a positive trajectory.
However, it hasn't always been that way. It's been a bumpy ride for investors since the stock was added to the less than two years ago. Here's a look at how you would have done if you'd bought shares of the company when they were first available.
On Aug. 21, 2020, shares of Nanox went public. By the end of the day, the stock was worth $21.70. If you had invested $10,000 at the time, that would have been enough for you to buy approximately 461 shares of the business. The stock's early gains were impressive as it more than doubled in value during the meme hype of 2021.
Source Fool.com
