Why NuScale Power Stock Rocketed 17.5% Today [Yahoo! Finance]
NuScale Power Corporation (SMR)
Company Research
Source: Yahoo! Finance
This week is starting off on a similarly hopeful note for another (potential) beneficiary of administration support for nuclear energy . Rising only modestly on Friday's bullish news, NuScale Power (NYSE: SMR) stock shot up 17.5% through 11:20 a.m. ET today -- on hopes that it will benefit from this program as well. What NuScale Power stock does NuScale Power remains a company in start-up mode. While it often boasts it's "the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology" and says it's "the first and only SMR to have its design certified by the U.S. Nuclear Regulatory Commission," the company doesn't actually operate yet, nor has it actually sold any small modular reactors. Analysts who follow the stock expect this to happen eventually, and predict NuScale will turn profitable in 2027. But for now, the company is mostly just losing money -- about $0.80 per share last year -- as it develops its technology. Is Nu
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SMR
News
- If You'd Invested $10,000 in NuScale Power Stock at Its IPO, Here's How Much You'd Have Today [Yahoo! Finance]Yahoo! Finance
- Desperate For Power, AI Companies Look To The Nuclear Option [Forbes]Forbes
- Can NuScale Help the World Solve This Gigantic Energy Problem? [Yahoo! Finance]Yahoo! Finance
- Why NuScale Power Stock Is Powering Higher This Week [Yahoo! Finance]Yahoo! Finance
- NuScale Power Stock: Buy, Sell, or Hold? [Yahoo! Finance]Yahoo! Finance
SMR
Earnings
- 5/9/24 - In-Line
SMR
Sec Filings
- 5/29/24 - Form 4
- 5/29/24 - Form 4
- 5/29/24 - Form 4
- SMR's page on the SEC website