Nano Nuclear Energy, Inc. (NASDAQ:NNE) shares climbed in Tuesday’s extended trading after the company released its fourth-quarter earnings report with a narrower-than-expected loss per share.
Here’s a look at the details in the report.
- NNE stock is moving. Watch the price action here.
The Details: Nano Nuclear reported quarterly losses of 13 cents per share which beat the consensus estimate for losses of 29 cents per share.
The company expects estimated cash expenditures of approximately $65 million over the next 12 months.
NNE Stock Price: According to data from Benzinga Pro, Nano Nuclear stock rose 1.03% to $25.49 in Tuesday’s extended trading.
How To Buy NNE Stock
Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.
For example, in Nano Nuclear Energy’s case, it is in the Industrials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
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