X-Energy is trading at $14.66 (4.6%) up in pre-market, extending its rebound as ARK funds accumulate shares and the company secures an expansion grant.

  • Cathie Wood’s ARK funds have accumulated over 500,000 shares, signaling strong institutional interest following last week's selloff.
  • Subsidiary TRISO-X was awarded an $11 million Tennessee economic development grant to expand its advanced nuclear fuel facilities.
  • The developments reinforce positive sentiment surrounding the company’s long-term nuclear growth strategy.