Cameco (CCJ) Falls More Steeply Than Broader Market: What Investors Need to Know

Cameco (CCJ) closed the latest trading day at $49.59, indicating a -1.74% change from the previous session's end. The stock trailed the S&P 500, which registered a daily loss of 1.46%. Meanwhile, the Dow lost 1.24%, and the Nasdaq, a tech-heavy index, lost 1.63%.The the stock of uranium producer has risen by 26.33% in the past month, leading the Basic Materials sector's gain of 3.2% and the S&P 500's gain of 1.6%.Market participants will be closely following the financial results of Cameco in its upcoming r ...