Deep Fission, Inc.’s Quiet Period Set To End Tomorrow (NASDAQ:FISN)

Deep Fission’s (NASDAQ:FISN) quiet period is set to expire on Tuesday, July 28th. Deep Fission had issued 2,500,000 shares in its initial public offering on June 18th. The total size of the offering was $40,000,000 based on an initial share price of $16.00. During the company’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Analyst Ratings Changes

Several analysts have commented on FISN shares. Benchmark initiated coverage on Deep Fission in a research note on Monday, July 13th. They set a “buy” rating and a $20.00 price objective for the company. Canaccord Genuity Group initiated coverage on Deep Fission in a research note on Wednesday, July 15th. They issued a “buy” rating and a $18.00 target price on the stock. Wall Street Zen lowered Deep Fission from a “hold” rating to a “sell” rating in a report on Monday, July 20th. Finally, UBS Group set a $18.00 price target on Deep Fission in a research note on Wednesday, July 15th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $18.67.

Deep Fission Stock Performance

FISN stock opened at $10.26 on Monday. Deep Fission has a one year low of $7.66 and a one year high of $19.00.