NLR is trading at $114.21 (-3.07%) as investors rotate away from uranium and nuclear equities after recent gains.
- NLR underperforms a broadly higher market; Centrus Energy is a notable drag after pricing a $500 million equity and warrant offering, with shares down for a second consecutive session.
- The move follows September 10’s hotter PPI, elevated Treasury yields and geopolitical oil-inflation concerns, pressuring rate-sensitive utilities and speculative clean-energy stocks.
- Uranium fundamentals remain supportive, but near-term profit-taking dominates.