financetom
Business
financetom
/
Business
/
Cameco (CCJ) Stock Surges 11% On Westinghouse Nuclear Deal: What's Going On?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cameco (CCJ) Stock Surges 11% On Westinghouse Nuclear Deal: What's Going On?
Jun 9, 2025 10:01 AM

Shares of Cameco Corp ( CCJ ) soared on Monday, trading up over 11% at $67.29 by late morning. The move higher followed the company’s announcement of a substantial expected boost to its earnings from its equity stake in Westinghouse Electric Company.

What To Know: Cameco ( CCJ ), which holds a 49% interest in Westinghouse, revealed it anticipates an approximate $170 million increase in its share of Westinghouse’s adjusted EBITDA for the second quarter and full year of 2025.

This positive financial revision is directly linked to Westinghouse’s role as a subcontractor in the construction of two new nuclear reactors at the Dukovany power plant in the Czech Republic.

Read Also: Rocket Lab, AST SpaceMobile Shares Are Surging Monday: What’s Fueling The Move?

In addition to the immediate EBITDA uplift in 2025, Cameco ( CCJ ) expects long-term financial benefits for Westinghouse through the duration of the Dukovany project, including the provision of fuel fabrication services for both reactors for a specified period.

This development is a significant return on investment for Cameco ( CCJ ) and its partner, Brookfield Renewable Partners, which owns the remaining 51% of Westinghouse. Despite this one-time boost, the long-term outlook for Westinghouse’s compound annual growth rate for adjusted EBITDA is maintained at a steady 6% to 10% over the next five years.

The news was met with strong investor confidence Monday morning, reflected in the heavy trading volume of over 9.5 million shares, double the 100-day average.

Read Also: Apple’s WWDC 2025 Kicks Off Today: What’s Going On?

How To Buy CCJ Stock

By now you're likely curious about how to participate in the market for Cameco ( CCJ ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, CCJ has a 52-week high of $68.12 and a 52-week low of $35.00.

Image: AI Generated

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BitMine Immersion Shares Slip After Kerrisdale Capital Short Report
BitMine Immersion Shares Slip After Kerrisdale Capital Short Report
Oct 8, 2025
12:35 PM EDT, 10/08/2025 (MT Newswires) -- BitMine Immersion ( BMNR ) shares slipped in recent Wednesday trading after Kerrisdale Capital published a report criticizing the company's business model. The firm said it is short shares of BitMine, an $18 billion Ethereum-focused digital asset treasury, or DAT, chasing a model that is on its way to extinction. The report said...
Update: Jefferies Details Exposure After First Brands Bankruptcy; Morgan Stanley Calculates Maximum Potential Losses of $44.6 Million
Update: Jefferies Details Exposure After First Brands Bankruptcy; Morgan Stanley Calculates Maximum Potential Losses of $44.6 Million
Oct 8, 2025
12:34 PM EDT, 10/08/2025 (MT Newswires) -- (Updates to reflect Morgan Stanley's calculation of maximum potential exposure in the headline and the seventh paragraph and to include recent stock movement in the eight paragraph.) Jefferies Financial Group ( JEF ) said Wednesday First Brands Group filed for bankruptcy on Sept. 29, detailing its exposure to the bankrupt company through Point...
POET Technologies Stock Continues To Climb: What's Going On?
POET Technologies Stock Continues To Climb: What's Going On?
Oct 8, 2025
Shares of POET Technologies Inc ( POET ) are trading higher Wednesday after the company announced the closing of a $75 million private placement with a single institutional investor. Here’s what investors need to know. What To Know: POET shares soared on Tuesday after the private placement was announced as the financing sparked speculation on social media that the company...
Philip Morris International Meets With US FDA Advisory Committee Over Continued Marketing of IQOS as Modified Risk Product
Philip Morris International Meets With US FDA Advisory Committee Over Continued Marketing of IQOS as Modified Risk Product
Oct 8, 2025
12:29 PM EDT, 10/08/2025 (MT Newswires) -- Philip Morris International ( PM ) said Wednesday that experts from the company met with the US Food and Drug Administration's advisory committee as part of its request to continue marketing versions of its IQOS heated tobacco products in the US as modified risk tobacco products. The evidence presented by the company on...
Copyright 2023-2026 - www.financetom.com All Rights Reserved