Why Energy Fuels Rocketed Higher Today
Shares of uranium and rare earths miner Energy Fuels (NYSEMKT: UUUU) rallied 13.8% on Tuesday.
Energy Fuels had multiple news items boosting sentiment today. First, the company announced record monthly uranium production from one of its operational mines in May. Second, Meta Platforms (NASDAQ: META) signed a 20-year nuclear agreement with Constellation Energy (NASDAQ: CEG) to power its AI data centers, lifting sentiment for future uranium demand.
Together, these items fueled a double-digit move in the stock.
Source Fool.com
Meta Platforms Inc. Stock
€519.40
-1.010%
With 9 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 663 € there is a positive potential of 27.65% for Meta Platforms Inc. compared to the current price of 519.4 €.
