Lightbridge Corp (NASDAQ: LTBR) is having an overwhelmingly strong start to the trading session this morning, and for good reason. The company released news with regard to a key patent, leading to excitement among investors and prompting gains in the value of the stock. Today, we’ll talk about the new patent, what we’re seeing from the stock, and what we’ll be watching for with regard to LTBR ahead.
LTBR Gains On Patent News
As mentioned above, Lightbridge Corp is having an incredibly strong start to the trading session this morning after announcing that it has received notice of allowance for a key patent from the United States Patent and Trademark Office. In the release issued early this morning, the company said that the patent is related to metallic nuclear fuel assembly design. This design was created to significantly improve the economics, performance and safety of nuclear power plants.