NuScale Power (SMR) Climbs 15% as Govt Ignites Nuclear Push

Group 1 - NuScale Power Corporation (NYSE:SMR) experienced a significant stock increase of 15.14%, closing at $18.78, driven by optimism from the House of Representatives' review of the US nuclear industry [1][3] - The House of Representatives' Energy subcommittee is conducting hearings to discuss the current state of the nuclear industry, focusing on licensing and deployment, as well as the impact of recent laws and policies on industry growth [2][3] - The review aligns with President Trump's agenda to strengthen the nuclear sector in response to rising power demand, particularly due to the growth of the artificial intelligence sector and a renewed focus on domestic manufacturing [4] Group 2 - NuScale Power Corporation's board members Alan Boeckmann and Kent Kresa purchased additional shares, with Boeckmann acquiring 2,607 shares for $36,941 and Kresa acquiring 3,702 shares for $52,457, both at a price of $14.17 per share [5] - Following these transactions, Kresa's indirect ownership through a trust increased to 86,280 units, while Boeckmann's direct ownership rose to 76,667 units [5]