NuScale Power Stock Plunges Over 80%, Historical Data Suggests Potential for Recovery

NuScale Power stock has fallen over 80% from its October peak, trading at around $12 today. A Morgan Stanley study indicates that nearly half of stocks with similar drawdowns have historically recovered to their previous highs. However, NuScale still faces challenges such as funding shortfalls and a long deployment timeline for its small modular reactors.

By Johnny Rice · Motley Fool ·

NuScale Power Stock Plunges Over 80%, Historical Data Suggests Potential for Recovery

Tickers: $MS $SMR

Topics: Morgan Stanley study NuScale Power small modular reactors stock recovery patterns

Read the full article at Motley Fool

More World news