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Stock impact report

NuScale Power (SMR) Climbs 15% as Govt Ignites Nuclear Push [Yahoo! Finance]

NuScale Power Corporation Class A (SMR) 
Company Research Source: Yahoo! Finance
NuScale rallied for a second day on Monday, jumping 15.14 percent to close at $18.78 apiece as investors drew optimism from the House of Representatives' official review of the nuclear industry in the US. In a statement, the House of Representatives' Energy subcommittee said that it would begin with its hearing, which would “offer a chance to discuss the current state of [the] nuclear industry” in the US. Photo from NuScale Power's website The initiative was aimed at addressing the licensing and deployment of nuclear power while examining how the implementation of recent laws and policies can support the industry's growth, vital to meeting energy and security needs. Optimism spilled over to nuclear stocks such as NuScale Power Corporation (NYSE:SMR) and Oklo Inc., among others. The review aligns with President Donald Trump's agenda to bolster the nuclear sector in the US, as the country braces for surging power demand driven by the rapid expansion of the artificial intellig Show less Read more
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