LEU

Centrus Energy Corp.

2026-01-16 06:37 PM

+6.45%

Centrus Energy extends gains as investors digest $900M DOE expansion award

Centrus Energy continues to rally following the U.S. Department of Energy's $900 million award to expand its Piketon facility for commercial-scale HALEU and LEU production, as reported by Sahm Capital. The funding supports domestic nuclear fuel supply and advanced reactor development.

Analysis

Today's gain extends a volatile but generally positive stretch for LEU, which rose sharply on January 11-12 following a UBS bullish outlook. The DOE award, announced earlier this week, appears to be providing ongoing support as investors reassess the company's investment thesis around domestic nuclear fuel production. The stock significantly outperformed the flat broader market, suggesting this is company-specific momentum rather than sector rotation.

Sources

How DOE’s US$900 Million HALEU Expansion Award At Centrus Energy (LEU) Has Changed Its Investment Story

Date: 2026-01-16

Price: $325.85

Type: Stock Specific

Confidence: low