Shares of nuclear power companies closed higher on Friday after U.S. President Donald Trump signed executive orders seeking to jumpstart the industry.

Nuclear energy stocks soared Friday after President Donald Trump signed executive orders attempting to speed up permitting for reactors and expand domestic enriched uranium production. Shares of Centrus Energy,

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.