Why Uranium Energy Stock Crashed Today
Uranium Energy bides its time, waiting for great prices to emerge before selling its uranium.
Why Uranium Energy Stock Crashed Today
Overview
Uranium Energy (NYSEMKT: UEC) stock tumbled 12.4% through 11:20 a.m. Tuesday, after reporting worse-than-expected losses in its Q3 earnings report.
Heading into earnings day, analysts weren't optimistic, forecasting Uranium Energy to lose $0.03 per share. When the news arrived, it turned out the uranium mining stock had lost $0.11 per share instead.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
