Constellation Energy, the largest nuclear operator in the U.S., rose by 3% by Friday afternoon, while shares of uranium mining firms Uranium Energy (23%), Energy Fuels (17%), Cameco Corp. (9.5%) and Centrus Energy (22%) also spiked in value.

President Donald Trump signed four nuclear energy-related executive orders on Friday that will speed up reactor testing, allow the Departments of Energy and Defense to build nuclear reactors on federally owned land,

President Trump is set to sign executive orders to boost the nuclear energy industry by streamlining reactor approvals and reinforcing fuel supply chains, leading to a surge in nuclear stocks.