Day Traders Are Driving Uranium Prices Higher

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Day Traders Are Driving Uranium Prices Higher
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Enthusiasm from individual traders is reshaping the market for nuclear fuel and sending uranium-linked stocks higher

After languishing for a decade after the Fukushima disaster led Japan and Germany to close nuclear reactors, spot uranium prices have shot to $47 a pound from $32.25 at the start of August. They remain below their peak of $137 in 2007, according to price-tracker UxC LLC.

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