Why NuScale Power Stock Is Soaring This Week [Yahoo! Finance]
NuScale Power Corporation (SMR)
Company Research
Source: Yahoo! Finance
On Monday, however, the Department of Energy revealed a new enthusiasm for facilitating the growth of nuclear power -- the type of nuclear power plants that NuScale Power (NYSE: SMR) is intent on developing itself. Investors took note of the announcement, and shares have powered higher throughout the week. According to data provided by S&P Global Market Intelligence , shares of NuScale Power have risen 20.4% from the end of trading last week through 3 p.m. ET on Friday afternoon. 900 million reasons why NuScale Power investors are excited Looking to spur development of innovative nuclear power plants, the Department of Energy announced a notice of intent to provide $900 million in funding to support the deployment of small modular reactors (SMRs). Unlike traditional nuclear power plants, SMRs are considered safer and easier to develop. In addition, they can supply power to a variety of customers and purposes including electric power, data centers, heating, desalination, and comm
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SMR
News
- NuScale Power Co. (NYSE: SMR) had its price target raised by analysts at B. Riley from $8.00 to $14.00. They now have a "buy" rating on the stock.MarketBeat
- Why NuScale Power Stock Heated Up Today [Yahoo! Finance]Yahoo! Finance
- If You'd Invested $10,000 in NuScale Power Stock at Its IPO, Here's How Much You'd Have Today [Yahoo! Finance]Yahoo! Finance
- Desperate For Power, AI Companies Look To The Nuclear Option [Forbes]Forbes
- Can NuScale Help the World Solve This Gigantic Energy Problem? [Yahoo! Finance]Yahoo! Finance
SMR
Earnings
- 5/9/24 - In-Line
SMR
Sec Filings
- 5/29/24 - Form 4
- 5/29/24 - Form 4
- 5/29/24 - Form 4
- SMR's page on the SEC website