Why Uranium Stocks Plunged Today but Could Rebound Quickly
Uranium stocks plunged today as the broader markets slid on fears of soaring inflation and a looming recession, what with a majority of leading economists even predicting the U.S. will slip into a recession in 2023, according to The Financial Times. Ironically, the business environment couldn't be more conducive for uranium stocks. One of the miners, in fact, even announced a big acquisition this morning; and President Joe Biden's latest plan could mean big days ahead for local uranium miners.