Global X Uranium ETF is trading at $47.50, up 6% in after-hours sessions following a rebound from recent weakness and escalating geopolitical tensions.
- The move reflects renewed interest in uranium and nuclear-related names amid an escalating Middle East conflict, a spike in energy prices, and broader risk-on sentiment across U.S. equities.
- Uranium miners and nuclear-component stocks, which dominate the ETF's index, are benefiting as investors position for tighter energy supply and higher long-term power prices.