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Investing.com -- Nuclear and uranium stocks declined in premarket trading Thursday, giving back some of the gains achieved last week following President Donald Trump’s comments about accelerating large power projects.
The sector saw broad declines with Oklo dropping 15%, making it the largest decliner among nuclear-related stocks. Other significant drops included Nano Nuclear Energy falling 7.0% and Centrus Energy declining 6.3%.
Lightbridge shares decreased 5.3% while NuScale Power fell 4.2%. Energy Fuels was down 3.8% and Uranium Energy declined 4.1% in the early morning session.
These losses partially reverse the sector’s positive performance from last week, which was fueled by President Trump’s statements about his intention to expedite large power project developments.
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