Centrus Energy stock rose 5% after contract renewal with U.S. Department of Energy

From Nasdaq: 2025-06-20 18:17:00

Centrus Energy (NYSEMKT: LEU) saw a 5% increase in stock price after announcing a contract renewal with the U.S. Department of Energy for high-assay, low-enriched uranium (HALEU) production. The extension runs through June 30, 2026, with the potential for further extensions. This news comes following a partnership with Oklo to supply HALEU for nuclear projects, including a plant in Alaska. The company is in a strong position for growth, especially if nuclear energy policies remain favorable. Considerations for investing in Centrus Energy should be made with an understanding of potential future returns and market trends.



Read more at Nasdaq: Why Centrus Energy Stock Leaped 5% Higher Today