Uranium ETF Outshines Others on Friday
In trading on Friday, the Uranium ETF is making waves by outperforming other ETFs, showing a remarkable increase of approximately 6.6% for the day. This surge is largely attributed to the strong performance of its key components. Notably, shares of Uranium Energy have risen by about 11.7%, while Centrus Energy has also seen a significant uptick, climbing around 8.9% during the trading session.
Global X Lithium & Battery Tech ETF Struggles
On the flip side, the Global X Lithium & Battery Tech ETF is underperforming compared to its peers, with a decline of about 4% in Friday afternoon trading. This downturn is reflected in the performance of its individual components. Among the weakest performers within this ETF are Sigma Lithium, which has dropped approximately 3.6%, and Lithium Argentina, down about 3.4% for the day.
VIDEO: Friday’s ETF Movers: URA, LIT
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.