Why NuScale Power Corporation (SMR) Surged Last Week
From Yahoo Finance: 2025-05-20 12:44:00
Wall Street saw mixed performance on Thursday, with the Nasdaq down by 0.18 percent, while the Dow Jones rose by 0.65 percent and the S&P 500 increased by 0.41 percent. 10 companies surged due to strong earnings and mergers, with NuScale Power Corporation (SMR) gaining 4.62 percent, closing at $24.
NuScale Power Corporation (SMR) announced significant future projects, leading to a six-day surge in stock price. The company is in advanced talks with potential customers for small modular reactors, aiming to deliver a power plant by 2030. The first-quarter performance saw a massive 857 percent expansion to $13.4 million.
NuScale Power Corporation (SMR) ranks 10th on the list of top-performing stocks. While SMR shows promise, AI stocks are considered to offer higher returns in a shorter timeframe. Investors interested in AI stocks with potential for substantial gains can explore options in the report on the cheapest AI stock.
Read more at Yahoo Finance: Why NuScale Power Corporation (SMR) Surged Last Week