Why Cameco Stock Dropped Suddenly on Monday
Shares of uranium giant (and joint owner of Westinghouse Electric Company) Cameco (NYSE: CCJ) have been on a tear these past three months, surging by 34% from early July through Friday's close.
On Monday, however, these shares took a breather from their long run upward, and were down by 5.2% as of the close of trading.
So what's worrying Cameco investors? The good news is that there's no bad news -- yet. The bad news is that bad news for nuclear energy stocks could be just around the corner.
Source Fool.com
Cameco Corp. Stock
The stock is one of the favorites of our community with 24 Buy predictions and 1 Sell predictions.
With a target price of 122 € there is a positive potential of 44.82% for Cameco Corp. compared to the current price of 84.24 €.


