Why Cameco Stock Has Jumped More Than 10% in 2 Days
Cameco(CCJ) The Motley Fool·2024-09-23 17:56
There's renewed buying for the uranium stock. What's brewing? Cameco (CCJ 4.36%) stock's rally from last Friday extended into trading this morning, with shares of the uranium miner rallying 5.5% at its highest point during the day through noon Monday. The uranium stock was up almost 12% over two days as of this writing. Latest developments have fueled hopes of a resurgence in the nuclear energy industry, and investors believe Cameco -- a significant producer of the nuclear fuel uranium -- could be the best ...