X-Energy Shares Drop Nearly 19% Amid Construction Delays and Analyst Downgrade
Shares of X-Energy (NASDAQ: XE) fell nearly 19% this week due to a delay in its reactor construction timeline until 2027 and an analyst downgrade from Jeffries. The nuclear energy startup, which is partnered with Amazon for future projects, lacks government approval for any reactors at present.
Topics: market performance nuclear energy startups