Uranium and nuclear-themed ETFs surged on news of Trump's policy backing for the nuclear industry. The top performer was Global X Uranium ETF (URA), up 10%, while other ETFs like North Shore Global Uranium Mining ETF (URNM) and VanEck Uranium+Nuclear Energy ETF (NLR) also saw strong gains. This rally is driven by the potential for increased demand for nuclear power as an alternative to solar and wind energy. ETFs provide diversified exposure and lessen single-stock risk.
Investors and traders are closely monitoring the gap up and gap down stocks in today's session on Friday. Let's explore the market movements and identify the stocks with significant gaps.
Uranium stocks surge Friday morning as investors digested reports that President Donald Trump will sign a series of executive orders aimed at revitalizing the nuclear energy sector.
Sam Altman-backed Oklo Inc. (NYSE: OKLO) and Nano Nuclear Energy Inc surged 19.79% and 17.34%, respectively while nuclear utilities like Constellation Energy Corp (NASDAQ: CEG) and GE Vernova Inc. (NYSE: GEV) climbed 5.27% and 2.87%, each during the pre-market trading session on Friday ahead of President Donald Trump signing executive orders aimed at revitalizing the U.S. nuclear energy industry.
The report said that executive orders would direct the agencies to identify federal lands and facilities for nuclear deployment and streamline the processes of building them.
Top mid-cap stock performers last week: Foot Locker, Inc. (FL), Archer Aviation Inc. (ACHR), DigitalBridge Group, Inc. (DBRG), NuScale Power Corporation (SMR), Diginex Limited (DGNX), ImmunityBio, Inc. (IBRX), Oklo Inc. (OKLO), Intuitive Machines, Inc. (LUNR).
Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, today announced the appointment of Pat Schweiger, a veteran executive and engineer with over 40 years of leadership experience in the energy sector, as its Chief Technology Officer (CTO).
