Why NuScale Power Stock Is Rocketing Higher Today
News from Europe has investors interested in this American nuclear energy stock today.
Why NuScale Power Stock Is Rocketing Higher Today
Overview
After powering to higher closes than the previous days of trading on both Thursday and Friday last week, NuScale Power (NYSE: SMR) stock is poised to extend the streak for a third consecutive day of trading. Although the company hasn't reported any positive news to drive the advanced nuclear reactor stock higher, a Swedish utility announced today, a move the market is interpreting as a positive sign for the industry.
As of 2:00 p.m. ET, shares of NuScale Power are up 10.7%, retreating slightly from an earlier rise of 13.7%.
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Originally published at www.fool.com.
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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.
