Cameco is trading at €85.92, up +6.07% after Westinghouse confidentially submitted a draft Form S-1 registration statement for a proposed initial public offering.
- The announcement is the clearest company-specific catalyst identified for the August 24, 2026 move; no offering size or valuation was disclosed.
- Uranium sentiment also remains supportive, with long-term contracts near $97 per pound versus spot near $88.