Nuclear Energy Stocks Soar as Trump Prepares Executive Order
Reuters has reported that President Trump is planning to sign an executive order to speed up the permitting and construction of nuclear energy power plants in the U.S. as early as today. The market didn't ask questions and simply bid up nuclear stocks today.As a result, anything related to nuclear energy was up big, with Oklo (NYSE: OKLO) up as much as 31.3%, Centrus Energy (NYSEMKT: LEU) up 26.5%, Nano Nuclear Energy (NASDAQ: NNE) jumped 29.7%, NuScale Power (NYSE: SMR) was up 18.3%, Energy Fuels (NYSEMKT: UUU) rose 19.1%, and Uranium Energy (NYSEMKT: UEC) popped 26%.Image source: Getty Images.Continue reading
Reuters has reported that President Trump is planning to sign an executive order to speed up the permitting and construction of nuclear energy power plants in the U.S. as early as today. The market didn't ask questions and simply bid up nuclear stocks today.
As a result, anything related to nuclear energy was up big, with Oklo (NYSE: OKLO) up as much as 31.3%, Centrus Energy (NYSEMKT: LEU) up 26.5%, Nano Nuclear Energy (NASDAQ: NNE) jumped 29.7%, NuScale Power (NYSE: SMR) was up 18.3%, Energy Fuels (NYSEMKT: UUU) rose 19.1%, and Uranium Energy (NYSEMKT: UEC) popped 26%.
Image source: Getty Images.
