Why NuScale Power Stock Is Charging Higher This Week
NuScale(SMR) The Motley Fool·2024-06-28 14:51
June is busting out all over -- and so is this nuclear energy stock. After a strong performance last week, shares of NuScale Power (SMR -0.58%) have continued to climb this week. That earlier surge was prompted by news that the Department of Energy planned to provide $900 million in funding to support the deployment of small modular reactors (SMRs) of the type that NuScale is developing. But the catalyst for the nuclear energy stock's latest rise appears to have been an analyst's auspicious outlook on the c ...