Pre-market hot trades in US stocks: Energy Fuels up 12.66% in pre-market; Kentucky First Federal Bancorp down 12.55% in pre-market
Energy Fuels pre-market up 12.66%; Kentucky First Federal Bancorp pre-market down 12.55%; PMGC pre-market up 194.82%; Greenwave Tech Solutions pre-market up 125.62%; Aqua Metals pre-market up 88.80%
Pre-market Hot Trades in US Stocks
Energy Fuels is up 12.66% in pre-market trading, based on recent key news:
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On October 13, the CEO of JP Morgan stated that the United States is overly reliant on unreliable sources of critical minerals and plans to invest $10 billion over the next decade to support multiple critical industries, including energy technology. This news coincides with Energy Fuels raising $700 million in convertible debt last week, driving its stock price up.
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On October 12, the U.S. Defense Logistics Agency plans to acquire large quantities of metals such as rare earths, tungsten, bismuth, and indium, shocking market participants who believe these procurement volumes are nearly unattainable. This news has increased market attention on the rare earth and uranium sectors, further boosting Energy Fuels' stock price. The rare earth and uranium industries have performed strongly recently
