NuScale(US:SMR) The Motley Fool·2024-07-29 17:32Group 1 - The U.S. government's increasing interest in nuclear power has positively impacted NuScale Power's stock, but the SEC's investigation has caused a significant drop in share prices [1][4] - NuScale Power is the first company to have its small modular reactors certified by the U.S. Nuclear Regulatory Commission, showcasing its innovative approach to nuclear reactor design [2] - The SEC is currently investigating NuScale Power, confirmed through a Freedom of Information Act request, and has denied requests for documents related to the investigation to protect ongoing enforcement proceedings [5] Group 2 - Following the news of the SEC investigation, NuScale Power's shares fell by 16.9% as of 10:44 a.m. ET [4] - Investors are advised to remain patient and not make hasty decisions regarding their positions in NuScale Power until more information about the investigation is available [6][7] - For potential investors waiting for a buying opportunity, it is suggested to hold off until further developments occur regarding the company's situation [7]