$10,000 in NuScale at Its 52-Week High Is Worth About $1,650 Today
Shares of the reactor developer peaked above $57 last October. The business delivered $75,000 of revenue last quarter.
Overview
A $10,000 investment in NuScale Power (NYSE: SMR) made at the stock's 52-week high of $57.42 last October is worth about $1,650 as of this writing, with shares near $9.50. That's a loss of about five-sixths of the money in about 10 months.
The slide hasn't been a straight line, though. Shares started 2026 above $16, rallied above $20, and have since fallen by more than half.
Details
The small modular reactor (SMR) developer still holds the only SMR design certified by U.S. regulators. What changed is nearly everything around it.
Source
Originally published at www.fool.com.
Related Articles
- Walmart and Target are about to reveal the health of the U.S. consumer
- Strategy CEO Phong Le Thinks MSTR Stock Will Outperform Bitcoin During the Next Bull Market. Here's Why He's Wrong.
- The Stock Market Is on the Verge of Doing Something That No One's Witnessed in Nearly 156 Years, and the Consequences May Be Dire for Wall Street
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.