Why Uranium Royalty Stock Crushed the Market Today
After sinking the most among uranium stocks during Monday's market sell-off triggered by worrisome news from China and a cautious outlook on uranium from Morgan Stanley, shares of Uranium Royalty (NASDAQ: UROY) raced ahead of the industry today. Shares were up 10.3% as of 12:40 p.m. EDT Tuesday after hitting a high of 17.3% in early morning trading.
Investors in uranium clearly found an opportunity after the stock's steep decline the previous day.
Although all uranium stocks have risen massively in the past month or so, Uranium Royalty has absolutely crushed them all, even doubling in a matter of days at one point.
Source Fool.com
