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Benzinga
Benzinga
Business
Adam Eckert

What's Going On With ASP Isotopes Stock Tuesday?

ASP Isotopes ASP Nasdaq TerraPower

ASP Isotopes Inc (NASDAQ:ASPI) shares are trading lower on Tuesday. The stock initially moved higher after the company announced it completed construction and started commissioning its Silicon-28 enrichment facility, but reversed course after a short seller issued a bearish report on the stock. Here’s what you need to know.

What Happened: Short Seller Fuzzy Panda Research issued a bearish report on ASP Isotopes on Tuesday claiming the company is using “old, disregarded laser enrichment technology to masquerade as a new, cutting-edge Uranium enrichment company.”

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