Why GE Venova Stock Topped the Market on Tuesday

The company's joint venture received a major boost for its Tennessee nuclear power facility.On Tuesday, GE Venova (GEV +4.28%) announced some positive news regarding a nuclear project in Tennessee. That, combined with an analyst's price target raise, drove its stock price more than 4% that trading session.Going nuclearGE Venova announced that the U.S. Department of Energy (DoE) is awarding a $400 million grant to the Tennessee Valley Authority (TVA). This is earmarked for the continued development of a smal ...