🔴 X-Energy is trading 10% down today with no fresh company announcement explaining the decline

X-Energy is trading at $10.29 (-10.13%), with no fresh company announcement explaining the October 16 decline in available coverage.

• The S&P 500 fell 0.77% and Nasdaq fell 1.55%; the energy sector rose 1.75%, so it does not appear to explain the decline.
• A Morgan Stanley target cut and the October 21 lock-up expiration were reported, but neither is confirmed as the direct cause of today’s move.