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Why NuScale Power Stock Slumped Today
SMRNuScale(SMR) The Motley Fool·2024-12-02 17:34

Will GE Vernova crush NuScale's nuclear dreams?NuScale Power Corporation (SMR -3.85%) stock fell 3% through 11:25 a.m. ET -- and it has General Electric to blame for it.NuScale develops small modular nuclear reactors designed to be cheaper and faster to build than traditional nuclear power plants. And as it's fond of pointing out, NuScale is "the first and only SMR to have its design certified by the U.S. Nuclear Regulatory Commission." But leaders aren't necessarily winners, and as CNBC reports this mornin ...