Nuclear stocks surge on report of Trump executive orders

Fri, May 23, 2025 at 5:11 AM EDT 1 min read

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UEC

-1.90%

(Reuters) -Shares of nuclear power soared in premarket trading after a Reuters report said U.S. President Donald Trump will sign executive orders aimed to jumpstart the nuclear energy industry as soon as Friday.

Trump is expected to streamline the regulatory process for new reactor approvals and enhance fuel supply chains, four sources familiar with the matter told Reuters.

Uranium miners led the gains with Uranium Energy (UEC) up 11.8%, Energy Fuels (UUUU) climbing 13.2%, and Centrus Energy (LEU) surging 19.6%.