NuScale Stock Is Down 83% -- Bargain or Trap? The Honest Answer Will Surprise You.
NuScale Stock is a mid-cap company with the profile of a start-up. Buy, or leave this one alone?
Overview
NuScale Power's (NYSE: SMR) stock has plummeted, to say the least. Put differently, NuScale investors who bought shares at its 52-week high of $57 have seen their investment drop about 83%. That's enough to make anyone, whatever their risk tolerance, lose their patience.
NuScale now trades at a sub-$10 price, yet it still carries a roughly $4 billion market cap. That puts this small modular reactor (SMR) developer in the mid-cap range, even though its business, unproven and unprofitable, looks more like an early-stage start-up than a mid-sized company.
Details
I would not, therefore, call NuScale a bargain; nor, however, would I call it a trap.
Source
Originally published at www.fool.com.