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Why BWX Technologies Stock Just Popped

TheMotleyFool

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Why BWX Technologies Stock Just Popped: https://g.foolcdn.com/editorial/images/845670/silhouette-of-a-nuclear-power-plant-against-the-moon-in-the-background.jpg

BWX Technologies (NYSE: BWXT) stock, which manufactures components for nuclear power plants, jumped 3.5% through 2:45 p.m. ET Thursday. It's not hard to guess why.

Yesterday, the U.S. Department of Energy announced it will award $400 million to the Tennessee Valley Authority to accelerate deployment of new advanced light-water small modular reactors (SMRs) at the Clinch River site in East Tennessee.

Image source: Getty Images.

Source Fool.com

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