NN Inc Shares Up 159% YTD on NVIDIA Cooling Deals as Chaikin Money Flow Turns Negative

NN Inc (NNBR) has surged about 159% year to date after winning new multi-year awards to supply stainless-steel liquid cooling products for NVIDIA AI data center racks. However, the Chaikin Money Flow indicator has fallen to -0.40, signaling cash outflows even as the stock hit new highs, according to BeInCrypto. The report cites profit-taking and a dilutive $75 million share sale in early July, priced at $3.06. Recent filings also show selling by large holders, including Corre Partners halving its stake to 2.15 million shares and Nomura trimming about 35%.