U.S. stock market quick update: Centrus Energy up 7.13%

U.S. Stock Market Midday Update

Centrus Energy rose 7.13%, with increased trading volume. Based on recent important news:

1. On August 26, Centrus Energy signed a memorandum of understanding with Korea Hydro & Nuclear Power and POSCO International to explore potential investments to support its uranium enrichment plant expansion plans. This move drove the stock price up by 7.13%. Source: Centrus Energy statement.

2. On August 25, Centrus Energy announced an increase in low-enriched uranium supply with Korea Hydro & Nuclear Power, deepening U.S.-Korea civil nuclear cooperation and further boosting market confidence. Source: Centrus Energy statement.

3. On August 27, South Korea and the United States agreed to strengthen nuclear energy cooperation, further enhancing Centrus Energy's market outlook. Source: South Korean Ministry of Foreign Affairs statement. Deepening nuclear cooperation leads to increased market demand.

Top Stocks by Industry Trading Volume

Cameco rose 3.80%, with a trading volume of $119 million. Based on recent key news:

1. On August 27, increased nuclear energy demand and strong initiatives supported by multiple countries and financial institutions significantly boosted uranium miners' business, benefiting Cameco's stock price.

2. On August 26, Cameco secured a $430 million Air Force contract, enhancing market confidence and driving the stock price up.

3. On August 26, analysts maintained a buy rating on Cameco but noted better investment options, leading to stock price fluctuations. Increased nuclear energy demand bodes well for uranium miners' prospects.

Energy Fuels rose 1.89%, with a trading volume of $54.89 million. Based on recent key news:

1. On August 26, Energy Fuels signed a memorandum of understanding with Vulcan Elements to establish a domestic supply chain for rare earth magnets independent of China. This news pushed the stock price up by 1.8%.

2. On August 27, Energy Fuels reached an agreement with Vulcan to supply NdPr and Dy oxides refined in Utah, further driving the stock price up.

3. On August 28, Energy Fuels Vice President Drera Saleem sold company shares totaling $2.935 million, putting some pressure on the stock price. Changes in rare earth industry policies and the impact of building a domestic supply chain in the U.S. are significant.

Denison Mines rose 0.91%, with a trading volume of $46.04 million. Based on recent key news:

1. On August 27, Zulong announced the launch of several new game products in the second half of 2025, including "Codename: Xiaoyao" and "Project K," which will help enhance the company's future profitability and drive the stock price up On August 25, Cosa Company issued a forward-looking statement, emphasizing that management's beliefs and estimates may change, and reminding investors not to overly rely on this information, which could lead to market concerns about the company's prospects and affect stock price fluctuations.

Stocks Ranked Among the Top in Industry Market Capitalization

Uranium Energy rose 0.96%, with a market capitalization of $4.656 billion. Based on recent key news:

1. On August 28, investor interest in uranium as an alternative investment increased, with uranium spot prices outperforming the S&P 500 index over the past five years, attracting more investor attention and driving up Uranium Energy's stock price. Source: Investor News.

2. On August 27, Nano Nuclear Energy Inc expanded its operations in Argentina, signing a memorandum of understanding with the only uranium raw material manufacturer to assess uranium conversion capabilities, boosting market confidence in the uranium industry. Source: Company News.

3. On August 27, Basin Energy Ltd announced the acquisition of a portfolio of uranium and rare earth assets in Queensland and plans to raise AUD 1.25 million at AUD 0.025 per share, increasing market attention on the uranium industry. Source: Company News