What's Going On With Nano Nuclear Energy Shares Tuesday?

Author: Dylan Berman | September 10, 2024 01:53pm

Nano Nuclear Energy (NADSAQ:NNE) shares are moving higher after the company was selected for inclusion in the Russell 3000 index.

The Details: The company will join the broad-market Russell 3000 index effective on September 23. Nano Nuclear will be one of 12 companies included in the index.

“This achievement will drive our management team to keep pushing forward with our growth strategy, which has positioned us at the forefront of the advanced nuclear energy market,” said James Walker, CEO and head of reactor development at Nano Nuclear.

“In recent weeks, we have made significant strides, including the purchase and opening of our Nuclear Technology Headquarters in Oak Ridge, Tennessee, additional former U.S. national leaders joining us, and the addition of highly skilled and motivated researchers to accelerate the development of our microreactor technologies.”

How To Buy Nano Nuclear Energy 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 (NASDAQ:NNE)'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.

See Also: Wall Street All Set For Tech-Powered Rebound In New Week: Apple’s Glowtime Event In Spotlight

NNE Price Action: At the time of publication, Nano Nuclear stock is moving 15.3% higher at $8.53, according to data from Benzinga Pro.

Image: 5815508 from Pixabay.

Posted In: NNE