NANO Nuclear Energy Inc (NNE) saw its stock soar by 6.78% in the last 24 hours of trading on Monday, outperforming the already impressive gains seen across the nuclear energy sector. The company's shares rode the wave of a sector-wide rally that saw several nuclear-related stocks posting significant gains in overnight trading.

The nuclear energy sector demonstrated strong momentum, with various companies recording notable increases. Energy Fuels led the pack with an 11% surge, while NuScale Power matched NANO Nuclear Energy's earlier 5% gain. Oklo also joined the upward trend, rising by 4%. This collective upswing suggests growing investor interest in nuclear energy companies.

While specific catalysts for the sector's rally were not explicitly mentioned in the report, the synchronized movement across multiple nuclear stocks indicates a potential shift in market sentiment towards nuclear energy. Factors such as increasing global energy demand, efforts to reduce carbon emissions, or positive industry developments could be contributing to this renewed interest in nuclear energy stocks.