QUICK SPARK: Nuclear Stocks Are Up 16% In August, 3 Names Rallied By Over 30%
The VanEck Uranium and Nuclear ETF is up 16% in August, its best month since January, with Energy Fuels, Uranium Energy and Denison Mines up over 30%.
Nuclear energy stocks jumped up a lot in August—some rose more than 30%—which means more people got excited about buying them. When a whole group of stocks moves up together like this, it hints that people think nuclear energy companies might do well, but it doesn't mean they always will.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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