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
€569.20
-0.780%
With 10 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 652 € there is a slightly positive potential of 14.55% for Meta Platforms Inc. compared to the current price of 569.2 €.
