Shares of nuclear-related stocks are trading higher after Donald Trump vowed to eliminate the EPA's 'power plant rule' and accelerate the deployment of advanced small modular nuclear reactors if elected.
Portfolio Pulse from Benzinga Newsdesk
Nuclear-related stocks are seeing a rise as Donald Trump promises to eliminate the EPA's 'power plant rule' and push for advanced small modular nuclear reactors if re-elected.
August 19, 2024 | 7:54 pm
News sentiment analysis
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POSITIVE IMPACT
NNE shares are trading higher following Trump's commitment to eliminate the EPA's 'power plant rule' and promote advanced nuclear reactors.
NNE is likely benefiting from Trump's announcement as it aligns with the company's focus on nuclear energy. The removal of regulatory barriers and promotion of nuclear technology could enhance NNE's market opportunities.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
SMR stocks are gaining as Trump plans to accelerate the deployment of small modular nuclear reactors, which directly aligns with SMR's business model.
SMR is directly involved in the development of small modular reactors. Trump's support for this technology could lead to increased demand and investment in SMR's projects, positively impacting its stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90