Why NuScale Power Stock Is Soaring This Week
NuScale(SMR) The Motley Fool·2024-06-21 20:51
Shares of this innovative nuclear power stock jolted higher to start the week and never let up. For years, the U.S. government's interest in advancing renewable energy seemed to be synonymous with solar and wind power. On Monday, however, the Department of Energy revealed a new enthusiasm for facilitating the growth of nuclear power -- the type of nuclear power plants that NuScale Power (SMR 5.36%) is intent on developing itself. Investors took note of the announcement, and shares have powered higher throug ...