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Centrus Energy (NYSE: LEU) Drops 45% In 90 Days Even As Meta-Backed Nuclear Contracts Roll In
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Source: Foreign Policy Journal

A brutal 90-day selloff has cut Centrus Energy (NYSE: LEU) shares nearly in half, yet the company continues landing contracts that underscore its unique position in America’s advanced nuclear supply chain. The stock closed most recently at $103.78, reflecting a 45.4% decline over the past three months and a 13.5% retreat in just the last 30 days alone. That collapse in price stands in sharp contrast to a flurry of positive operational headlines, leaving investors to weigh whether the market has overcorrected or finally priced in risks it previously ignored. Chief among the recent developments is a set of multi-year supply agreements with Oklo Inc., under which Centrus will provide high-assay low-enriched uranium, commonly known as HALEU, to fuel Oklo’s reactors. Those contracts carry unusual financial backing, with prepayments funded by Meta underwriting the arrangement and tying Centrus directly to Oklo’s ambitious 1.2 gigawatt power campus planned for Ohio.
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