Why Shares of Cameco, NuScale Power, and Energy Fuels Are Powering Higher Today

When new legislation makes its way to the president's desk, investors often sit up and take notice. And that's exactly what's happening today with respect to nuclear power stocks Cameco (CCJ 8.96%), NuScale Power (SMR 5.72%), and Energy Fuels (UUUU 6.90%). These stocks are all flying higher after the market learned that President Biden signed a bill yesterday that encourages growth in nuclear power. The basics of the bipartisan-backed nuclear power bill The ADVANCE Act received strong bipartisan support in ...