CCJ - Why Cameco Stock Dropped Suddenly on Monday
2023-10-02 16:05:32 ET
Shares of uranium giant (and joint owner of Westinghouse Electric Company ) Cameco (NYSE: CCJ) have been on a tear these past three months, surging by 34% from early July through Friday's close.
On Monday, however, these shares took a breather from their long run upward, and were down by 5.2% as of the close of trading.
So what's worrying Cameco investors? The good news is that there's no bad news -- yet. The bad news is that bad news for nuclear energy stocks could be just around the corner.
For further details see:
Why Cameco Stock Dropped Suddenly on Monday