.png)
![[Weekly funding roundup May 17-23] VC inflow remains steady](https://images.yourstory.com/cs/2/220356402d6d11e9aa979329348d4c3e/Weekly-funding-1741961216560.jpg)
Why Fluor Corp., Centrus Energy, and Denison Mines Stocks Just Went Nuclear
Investors think nuclear stocks are red-hot today. And there's a reason for that.
Fulfilling a campaign promise, President Donald Trump signed executive orders (yes, plural) this afternoon "to jumpstart the nuclear energy industry by easing the regulatory process on approvals for new reactors and strengthening fuel supply chains," Reuters reports.
Reuters broke the story last night, and Fox news has just confirmed that the orders are now out. Investors didn't even wait for confirmation before beginning to buy nuclear stocks, however, and shares of nuclear power plant construction company Fluor Corp. (NYSE: FLR) is already up 8.8% through 2:10 p.m. ET. Uranium miner Denison Mines (NYSEMKT: DNN) is doing even better, up 10%, and Centrus Energy Corporation (NYSEMKT: LEU), which enriches uranium for use as nuclear fuel, is doing best of all, up a staggering 22.1%.
Image source: Getty Images.
