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Why NuScale Power Stock Jumped Today
SMRNuScale(SMR) The Motley Fool·2024-11-08 19:45

The nuclear stock rose following its earnings report.Shares of NuScale Power (SMR 8.91%) were moving higher today after the development-stage maker of small modular reactors reported third-quarter results last night.While the numbers weren't the focus, management commentary on its progress seemed to please investors.As a result, the stock was up 4.3% as of 1:42 p.m. ET after being up as much as 19.2% earlier in the session. NuScale takes some more baby stepsNuscale reported revenue of $475,000 in the quarte ...