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Centrus Energy Stock Surges 12% On U.S.-Korea Nuclear Cooperation Deal

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

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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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.

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