Deep Fission, Inc.’s Quiet Period Set To Expire on July 28th (NASDAQ:FISN)

Deep Fission’s (NASDAQ:FISN) quiet period is set to end on Tuesday, July 28th. Deep Fission had issued 2,500,000 shares in its 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, underwriters and any insiders involved in the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Upgrades and Downgrades

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

Deep Fission Stock Performance

Shares of FISN stock opened at $10.31 on Tuesday. Deep Fission has a 1 year low of $7.66 and a 1 year high of $19.00.