Why Uranium Energy Stock Rallied as Much as 10.5% Today

Why Uranium Energy Stock Rallied as Much as 10.5% Today

What happened

Shares of Uranium Energy ( NYSEMKT:UEC ) rose by as much as 10.5% on Monday. Although the uranium company didn’t hold on to all of that advance, the stock was still up by nearly 10% as daily trading drew to a close. The interesting thing is that the company filed a prospectus with the Securities and Exchange Commission that might normally be considered a negative. So what

On May 14, the last day of trading before a weekend, Uranium Energy filed a shelf registration with the SEC for up to $200 million worth of warrants . These securities give investors the right to buy stock at a pre-set price sometime in the future. There’s no time frame on when the warrants will be sold or how many, but in the end the result will be more shares of stock. The sale of these securities and their […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet