Why NuScale Power Is Skyrocketing Today
From Nasdaq: 2025-01-17 14:42:40
Shares of NuScale Power (NYSE: SMR) surged 12.7% following a bullish report from the International Energy Agency (IEA) on nuclear power. The report highlighted NuScale’s small modular reactor (SMR) model as promising. The technology is gaining momentum as over 40 countries plan to expand nuclear energy in their systems. NuScale, Cameco, and Centrus Energy all saw stock boosts as a result. While NuScale is currently in the red, it aims to deploy its technology to support AI and other power-intensive technologies in the near future.
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