Breaking Finance News

USEC up 153 Percent- Trading Halted (USU)

Update: Trading resumes- Up just over 100 percent.

Shares of USEC (NYSE: USU) were halted on a circuit breaker around 1:40 when the stock suddenly soared 153.72 percent to $15.35. The stock had been up more than 30 percent on the day. Volume is more than 10 times the average. In the past five days, the stock is up 294 percent.

At this time, there is no news surrounding the move. The New York Stock Exchange contacted the company for comment on the move. In a press release, it said,

“In view of the unusual market activity in the company’s stock, the New York Stock Exchange has contacted the company in accordance with its usual practice. The company stated that its policy is not to comment on unusual market activity.”

We will update this story when further information is available.

[stock-tools exchange="NYSE" symbol="USU" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

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