Trump administration is dumping money into cratering nuclear stocks

What happened

The stock prices of most publicly-traded nuclear companies that have received a loan, contract, or financial incentive from Donald Trump’s administration have declined since receiving that favor. Trump’s administration has handed the nuclear industry tens of billions of dollars of incentives in the past year, including a new $4.2 billion federal loan to Ohio nuclear plant operator Vistra announced today.

Donald Trump’s US energy secretary keeps awarding contracts and loans to publicly-traded nuclear stocks that keep crashing afterwards. The post Trump administration is dumping money into cratering nuclear stocks appeared first on Protos .

Vistra’s stock price is down 9% year-to-date (YTD). Another $80 billion proposal between Cameco and Brookfield Asset Management would have handed the US government 20% of future profits or equity in the public-private partnership.