Centrus Energy Corp. (LEU) shares dropped 18.90 percent, falling $50.05 to $214.94 on Wednesday possibly after the company reported lower fourth-quarter earnings and a slight decline in revenue compared with last year, yesterday.
Net income came in at $17.8 million, or $0.79 per share, down from $53.7 million, or $3.20 per share, a year earlier. Revenue decreased 3.6 percent to $146.2 million from $151.6 million.
The stock opened at $253.00, down from a previous close of $264.99, and has traded between $207.01 and $258.00 during the session on the New York Stock Exchange. The last reported bid was $211.40 for 4,000 shares, with the ask at $211.76 for 8,000 shares. Trading volume reached 1,747,912 shares, above the average volume of 1,093,381.
Centrus Energy shares have traded within a 52-week range of $49.40 to $464.25.
Centrus also announced that its subsidiary, American Centrifuge Operating, LLC, has entered into a strategic collaboration with Fluor as its engineering, procurement and construction contractor for the planned multi-billion-dollar expansion of its uranium enrichment capacity in Piketon, Ohio.
For comments and feedback contact: editorial@rttnews.com
Business News
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.