Nanox (NNOX) Mentioned as New Short at Muddy Waters

(Updated - September 22, 2020 8:17 AM EDT)

Nanox (NASDAQ: NNOX) was mentioned as a new short at Muddy Waters Research. Muddy Waters said the company was, "a much bigger piece of garbage" than Nikola (NASDAQ: NKLA).

"Nikola rolled a truck down the hill to try to prove it’s real. NNOX almost certainly used somebody else’s chest images to try to make its ARC machine look real. Both Nikola and NNOX try to legitimize themselves by using the halo of respectable companies," the report said.

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