Why NuScale Power Stock Dropped 8% on Tuesday
NuScale(SMR) The Motley Fool·2024-07-09 16:59
Lack of profits plus a possible challenge to its technology make NuScale Power a risky investment. Will China make NuScale obsolete? Is NuScale Power stock a sell? That's fine as long as nuclear fission, used in SMRs, remains the cutting-edge technology. But as The Wall Street Journal reported this morning, there's a new technology on the horizon, nuclear fusion, and China is taking the lead in the race to commercialize it. But China is now racing to make it a reality. It is investing twice as much money an ...