Why All the Uranium Stocks Crashed Today


After enjoying a nice run-up earlier in the week, uranium stocks melted down on Friday. As of 3:30 p.m. EDT, shares of uranium mining company Energy Fuels (NYSEMKT: UUUU) are down 10%, NexGen Energy (NYSEMKT: NXE) is off 10.2%, and Uranium Energy (NYSEMKT: UEC) is suffering worst of all — down 12.1%.The funny thing is, there doesn’t appear to be an obvious reason for the sell-off.Image source: Getty Images.Continue reading
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