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Why Nano Nuclear Energy Stock Just Popped

TheMotleyFool

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Why Nano Nuclear Energy Stock Just Popped: https://g.foolcdn.com/editorial/images/871667/mother-and-son-hold-hands-in-a-field-of-flowers-outside-a-nuclear-power-station.jpg

Nano Nuclear Energy (NASDAQ: NNE) stock soared 12% through 11:40 a.m. ET Tuesday after announcing it has just acquired a subsidiary that generates actual revenue -- and is profitable to boot.

Considering Nano Nuclear itself currently generates no revenue, this is pretty big news for the start-up manufacturer of small modular (nuclear) power reactors.

Image source: Getty Images.

Source Fool.com

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