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Benzinga
Benzinga
Business
Alex Perry

Energy Fuels (UUUU) Stock Retreats After Proposed Convertible Notes Offering

Energy Fuels UUUU
Trump’s Nuclear Energy Push

Energy Fuels Inc. (AMEX:UUUU) shares are trading lower on Tuesday after the company said it would engage in a convertible debt offering to raise capital.

What To Know: Energy Fuels’s stock fell more than 8% after the company announced an offering of $550 million of convertible senior notes due in 2031. The stock is off the lows, but still trading lower for the session, last down about 3%, according to Benzinga Pro.

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