Centrus Energy (LEU) Gained Over 21% Today. Here is Why.

From Yahoo Finance: 2025-05-23 23:24:00

Centrus Energy Corp. (NYSEAMERICAN:LEU) saw a 21.37% surge in share price on May 23, 2025. This increase was fueled by President Donald Trump’s executive orders to bolster the country’s nuclear power industry by revamping the Nuclear Regulatory Commission and expediting the deployment of new reactors. The goal is to reduce dependence on Russia and China for enriched uranium and nuclear fuel processing. Centrus Energy specializes in producing High Assay Low-Enriched Uranium (HALEU), crucial for advanced nuclear reactors. The company also reported strong Q1 2025 results with an EPS of $1.6 and revenue of $73.1 million.



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