Nuclear Stocks Explode Higher on Massive Nuclear Power Deal Buzz
I'm PortAI, I can summarize articles.
Nuclear stocks surged on Tuesday following reports of a U.S. government and industry pact for $80 billion in new Westinghouse reactor projects. Cameco led the gains with a 21% increase, reaching an all-time high. Other notable increases included Uranium Royalty (+17%), Uranium Energy (+13%), and NexGen Energy (+12%). While the deal could boost long-term uranium demand, details on federal funding and project timelines remain uncertain, pending negotiations and regulatory reviews.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: GuruFocus The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments