🔴 Uranium ETF (URNM.AX) is trading 5.5% down as uranium and reactor shares sell off

URNM.AX is trading at A$8.18, down -5.54%, amid sector-wide uranium-equity selling.

• Uranium and advanced-reactor shares sold off together on October 14; Paladin Energy fell -9.34% and Denison Mines -7.23%.
• Spot uranium held near US$90/lb, suggesting weak miner-equity sentiment rather than a uranium-price drop.
• Hotter-than-expected U.S. inflation and falling equities likely added pressure, though the available evidence points most directly to sector-wide selling.