business
Why Uranium Energy Stock Crashed Today
Key takeaways
- UEC NVDA Uranium Energy (NYSEMKT: UEC) stock tumbled 12.4% through 11:20 a.m.
- Heading into earnings day, analysts weren t optimistic, forecasting Uranium Energy to lose $0.03 per share.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
UEC NVDA 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.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop