Newcleo (NWCL) Following Nasdaq Inclusion And Fresh Funding, Does The Valuation Hold Up

Index inclusion and fresh capital reshape the backdrop for newcleo newcleo (NasdaqGS:NWCL) has just been added to the Nasdaq Composite Index, only days after closing a US$216 million private placement linked to its Nasdaq Global Select Market listing. Despite the high profile Nasdaq listing and index inclusion, newcleo’s recent trading has been weak, with the share price down 16.7% over the past week and 26.3% over the last month. This has contributed to a 23.1% decline in 1 year total...