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Uranium Stocks Rise After Constellation Energy's Three Mile Island Power Supply Deal
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Uranium Stocks Rise After Constellation Energy's Three Mile Island Power Supply Deal
Oct 3, 2024 12:27 AM

02:09 PM EDT, 09/20/2024 (MT Newswires) -- Stocks of uranium producers rose after Constellation Energy ( CEG ) announced plans to restart a unit at the Three Mile Island nuclear plant in Pennsylvania as part of a 20-year deal to supply Microsoft ( MSFT ) with power for data centers.

Constellation Energy ( CEG ) surged 22% in recent trading Friday. Cameco ( CCJ ) rose 7.2%, NexGen Energy ( NXE ) climbed 3.9%, Uranium Energy ( UEC ) gained 2.7% and Energy Fuels ( UUUU ) advanced 3.6% in recent trading.

Price: 254.87, Change: +46.37, Percent Change: +22.24

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