Could This $14 Energy Stock Be Your Ticket to Millionaire Status?
X-Energy hasn't impressed too many investors since its public debut.
Overview
X-Energy (NASDAQ: XE) hasn't minted any millionaires since its IPO on April 24. The developer of small modular reactors (SMRs) went public at $23 per share, but it now trades at $14. Let's see why X-Energy's stock fizzled out, and if it might eventually deliver millionaire-making gains.
X-Energy's Xe-100 SMRs, which individually generate 80 MWe, are much smaller than conventional nuclear reactors that typically generate more than 1,000 MWe. However, the Xe-100 can be deployed more easily in remote and off-grid areas.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.