🟢 NXE is trading 6% up today on reports of potential output reductions at major uranium producers

NXE is trading 6% up at $10.29 in pre-market trading, driven by renewed interest in the uranium sector following reports of potential output reductions at major producers and firm sector pricing.

• The stock is extending its recent rebound after closing at $9.75 on June 26.
• Uranium miners are seeing increased momentum due to supply-side concerns, supporting NexGen Energy shares despite no new company-specific news identified.