Why Centrus Energy Stock Raced Nearly 9% Higher Today
Wednesday was a good day to be an investor in either nuclear stocks or the suppliers that provide fuel for them. Happily for Centrus Energy (NYSEMKT: LEU), it covers both these bases.On the back of news that a peer has secured an important new government contract, investors piled into Centrus stock and pushed it to a nearly 9% gain in price on Wednesday. That was a far better performance than that of the S&P 500 index, which sagged by 0.3%.The peer in question was ambitious next-generation nuclear energy start-up Oklo. Continue reading

Wednesday was a good day to be an investor in either nuclear stocks or the suppliers that provide fuel for them. Happily for Centrus Energy (NYSEMKT: LEU), it covers both these bases.
On the back of news that a peer has secured an important new government contract, investors piled into Centrus stock and pushed it to a nearly 9% gain in price on Wednesday. That was a far better performance than that of the S&P 500 index, which sagged by 0.3%.
The peer in question was ambitious next-generation nuclear energy start-up Oklo.