NuScale Power Stock Surges Amid Swedish Utility SMR Announcement
Shares of NuScale Power (NYSE: SMR) are rising sharply following an announcement by the Swedish utility Vattenfall to select Rolls-Royce for three small modular reactor projects. While no direct news from NuScale was released, investors are interpreting international interest in SMRs as a positive sign for the industry.
Topics: market reaction nuclear energy NuScale Power SMR (Small Modular Reactors)