31 Oct, 23

Hedge Funds Bet Big On Uranium Stocks

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As uranium ore trades at records highs, several hedge fund managers are expanding their allocations to uranium stocks, with a conviction that an increasing embrace of nuclear energy as part of a “green” future — along with geopolitically-rooted ambitions to reduce dependence on Russian oil and gas — means the trend has a lot of room to run.  A dozen years after the disaster at Japan’s Fukashima reactor put nuclear energy on worldwide probation — and in, Germany, gave it a death sentence — various factors are combining to bring…

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