State Street Corp Buys New Shares in X-Energy, Inc. $XE

State Street Corp initiated a new position in X-Energy, Inc. by purchasing 464,138 shares valued at approximately $8.5 million in the second quarter. Other institutional investors also acquired new shares, indicating growing interest in the nuclear energy company. While X-Energy reported strong revenue growth of 154% year-over-year, it missed earnings expectations, and its stock currently trades well below its one-year high despite analysts' "Moderate Buy" consensus rating.