Nano Nuclear Energy stock increased by 14.5% in June due to political support and investor interest

Nano Nuclear Energy saw a 14.5% increase in stock value in June, following President Trump’s support for the nuclear energy industry. The company is developing micro-small modular reactors and is not expected to generate revenue in the near future. Despite political support, conservative investors may prefer a nuclear energy ETF for lower risk exposure. The passage of the One, Big, Beautiful Bill and extension of tax credits for nuclear power production also contributed to investor interest in Nano Nuclear Energy. However, it’s important to note the company’s distance from bringing its SMRs to market.

Read more at Nasdaq: Why Nano Nuclear Energy Powered 14.5% Higher in June