Everyone has to remember equities work differently than...

Everyone has to remember equities work differently than commodities. The market is very wary and even expectant of a big correction any time now, most say a recession is likely. Many investors will sell equities and will ask for their money back from funds, forcing their hand.
It makes sense that uranium spot prices continue to rise because the narrative hasn't changed but the equity market narrative has. People will weight there portfolio to cash and gold in uncertain times like these.
Uranium equities will eventually re-align with spot price if it continues to rise. Personally I see this as a great opportunity. If we go into recession and uranium equities get dragged down with the market, there will be value everywhere. It's in these uncertain times that make for the greatest opportunities.