NuScale Power (SMR) Soars 15% on 2026 Nuclear Renaissance

Group 1 - NuScale Power Corp. (NYSE:SMR) experienced a significant stock increase of 15.10%, closing at $16.31, as investors showed renewed interest in nuclear stocks following government policy support [1][2]. - The U.S. government has committed to a major policy initiative aimed at reviving and expanding the nuclear energy sector, which has positively impacted companies like NuScale Power [2][3]. - An executive order signed in May 2023 mandates the rapid deployment of advanced nuclear reactor technologies, including at military sites by September 30, 2028, which is expected to benefit NuScale Power in the long term [3][4]. Group 2 - NuScale Power is seeking approval to increase its authorized capital stock from 332 million shares to 662 million shares, with a par value of $0.0001 per share, a plan already approved by its Board of Directors [5].