NUCGL.XC is trading at £39.28 (-3.00%) as it tracks a broader uranium and nuclear-equity selloff rather than a uranium-price collapse. Uranium rose to $88.15/lb on August 18, 2026.
- Nuclear ETFs and related equities weakened as investors reduced exposure to growth-sensitive assets; NuScale Power fell 6% after weak quarterly revenue and a planned share offering.
- Broader risk-off pressure: U.S.–Iran ceasefire expired, oil rose above $90, and multi-year-high Treasury yields pressured speculative, rate-sensitive nuclear developers.