Centrus Energy Corp. (LEU) jumped 12.29 percent to $208.05, gaining $22.77 on Tuesday, on the news of signing a Memorandum of Understanding with Korea Hydro & Nuclear Power and POSCO International to explore investment in expanding its uranium enrichment plant in Piketon, Ohio. The agreement, witnessed by U.S. Secretary of Commerce Howard Lutnick and Korea's Trade Minister Kim Jung-kwan, also includes an increase in enriched uranium supply under an existing contract signed earlier this year.
The stock opened at $194.25 and traded between $192.35 and $211.50, compared with a prior close of $185.28 on the New York Stock Exchange. Trading volume reached 1.8 million shares, above the average of 1.4 million. Centrus is trading well above its 52-week low of $34.91 and below its high of $264.90.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.