Why Uranium Energy Corp. Rallied This Week

Shares of Uranium miner and processor Uranium Energy Corp. (UEC 2.21%) rallied 13.6% this week through Thursday at 1 p.m. ET, according to data from S&P Global Market Intelligence.As is often the case with commodity companies, geopolitical tensions and negative events can actually be beneficial for certain stocks, making commodity plays somewhat of a hedge against global disasters and inflation.That was the case this week, as tensions with Russia led to concerns about uranium supply disruption to U.S. nucle ...