USEC Sees After-Hours Action (USU)

Posted in after-hours 
August 4th, 2009

USEC Inc. (NYSE: USU) is looking up considerably, although this is not a resolution to its woes.  There were reports that the Department of Energy said it would delay its final decision to give the company time to meet test and financial goals over its government loan guarantee.  As of 6:00 PM EST we have seen some 90,000 shares trade hands since the closing bell, but the price is up 10% at $4.72 on right at 90,000 shares.  Put this one on your watch lists because if there is a belief on Wednesday that the DOE will likely roll over and approve a loan guarantee, then this one could be off to the races….-JON OGG

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