Why SINTX Technologies Stock Hit A New All-Time Low Today

Zinger Key Points
  • SINTX Technologies shares are trading lower by 17.2% during Monday's session.
  • The company on Friday said it plans to offer shares of its common stock in a public offering.

SINTX Technologies Inc SINT shares are trading lower by 17.2% to $0.04 during Monday’s session. The company late Friday said it plans to offer shares of its common stock in a public offering.

The proceeds, if any, will be used for working capital and general corporate purposes. The offering is dependent on market conditions.

Maxim Group LLC will serve as the sole placement agent for the proposed offering.

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How To Buy SINT Stock

By now you're likely curious about how to participate in the market for SINTX Techs – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of SINTX Techs, which is trading at $0.04 as of publishing time, $100 would buy you 2500.0 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, SINT has a 52-week high of $2.45 and a 52-week low of $0.04

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