NuScale Power ( (SMR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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NuScale Power Corporation’s stock has been on the rise due to a bullish option flow, with significant trading activity in call options and a low Put/Call ratio, indicating positive market sentiment. The company’s shares have increased by 3.6%, and the implied volatility has risen, reflecting heightened investor interest ahead of the expected earnings report on November 6th. These factors have contributed to the recent upward movement in NuScale’s stock price.
More about NuScale Power
YTD Price Performance: 118.58%
Average Trading Volume: 18,804,654
Technical Sentiment Signal: Buy
Current Market Cap: $10.75B
For further insights into SMR stock on TipRanks’ Stock Analysis page.
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