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Why Cameco Corporation Stock Dropped on Friday

Cameco Corporation (NYSE: CCJ) stock, which initially seemed to be moving higher after reporting 2024 earnings yesterday, ended up losing a penny's-worth of stock price. The selling is getting even worse today, and as of 11:05 a.m. ET, Cameco stock is down 4.9%.Why?I suspect the earnings news is partly to blame. But also partly is the uranium market.Continue reading

Feb 21, 2025 - 17:59
 0
Why Cameco Corporation Stock Dropped on Friday

Cameco Corporation (NYSE: CCJ) stock, which initially seemed to be moving higher after reporting 2024 earnings yesterday, ended up losing a penny's-worth of stock price. The selling is getting even worse today, and as of 11:05 a.m. ET, Cameco stock is down 4.9%.

Why?

I suspect the earnings news is partly to blame. But also partly is the uranium market.

Continue reading

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