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Why Centrus Energy Stock Dropped Today

TheMotleyFool

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Why Centrus Energy Stock Dropped Today: https://g.foolcdn.com/editorial/images/852968/hand-supporting-a-hologram-of-an-atom-representing-nuclear-power.jpg

Centrus Energy (NYSE: LEU) stock tumbled 3.3% through 12:25 p.m. ET today -- and no one seems to know why.

Image source: Getty Images.

Uranium prices aren't the problem. Trading Economics data shows uranium prices going positively parabolic, up 12% over the last couple of months to $88.40 per pound. This is the highest price since May 2024 and is approaching the highest price in the last decade ($106), recorded in February 2024.

Source Fool.com

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