Will nukk stock short today?

**Nukkleus Inc. (NASDAQ:NUKK) is likely to experience further short-term volatility**, and here's why:

1. **Recent Performance**: Nukkleus has seen a significant drop in its share price, diving 37% in the last thirty days. This recent pain follows a year-long decline of 97% in the company's share price. The company's stock has also reached a 52-week low, indicating heightened investor caution.
2. **Financial Challenges**: Nukkleus faces potential delisting from Nasdaq due to compliance issues, including failing to file its quarterly report on time and not meeting Nasdaq's stock price and market value requirements. The company has been given a deadline to submit a compliance plan by October 21, 2024, which, if approved, could allow for up to 180 days to meet the listing criteria.
3. **Strategic Reorganization**: Nukkleus has undergone a corporate reshuffle, with the CEO and a director stepping down and new appointments being made to strengthen leadership and drive growth. This strategic reorganization could signal efforts to address the company's challenges, but its impact is yet to be seen.
4. **Market Sentiment**: The combination of Nukkleus' poor financial performance, strategic changes, and potential delisting risks suggests a bearish outlook. The company's P/S ratio is low compared to industry standards, which could be seen as a negative reflection of its financial health.
5. **Investor Considerations**: Given the company's recent struggles and the potential for delisting, investors may continue to exercise caution, potentially leading to further short-term volatility.

In conclusion, Nukkleus faces multiple challenges that could contribute to continued short-term volatility. Investors should monitor the company's compliance plan submission and the outcome of its efforts to meet Nasdaq's requirements.