LEU

Centrus Energy Corp.

2026-01-16 11:37 PM

+8.11%

Centrus Energy extends rally on continued momentum from DOE's $900M HALEU expansion award

Centrus Energy continues to gain 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

This marks the fourth consecutive session of significant gains for LEU, following the initial surge on UBS's bullish outlook on January 11. The DOE award represents a transformational catalyst for the company's investment narrative, though the stock has now risen roughly 30% over this period. While the fundamental news is substantial, today's move appears to be continued momentum rather than a new catalyst.

Sources

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

Date: 2026-01-16

Price: $330.92

Type: Stock Specific

Confidence: low