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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Link: https://finance.yahoo.com/markets/stocks/articles/why-uranium-energy-stock-crashed-161449067.html