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Why Energy Fuels Rocketed Higher Today

Shares of uranium and rare earths miner Energy Fuels (UUUU 14.48%) rallied 13.8% on Tuesday.Energy Fuels had multiple news items boosting sentiment today. First, the company announced record monthly uranium production from one of its operational mines in May. Second, Meta Platforms (META -0.60%) signed a 20-year nuclear agreement with Constellation Energy (CEG -0.13%) to power its AI data centers, lifting sentiment for future uranium demand.Together, these items fueled a double-digit move in the stock.Energ ...