NuScale Power ( (SMR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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NuScale Power’s stock has been experiencing downward pressure primarily due to mixed analyst ratings and recent financial results. Analysts have reduced their price targets, pointing to delayed project timelines and notable quarterly losses as key concerns. However, there remains some optimism among analysts about NuScale’s strategic partnerships and efforts towards commercialization, which could potentially turn the tide.
More about NuScale Power
YTD Price Performance: 60.53%
Average Trading Volume: 20,030,682
Technical Sentiment Signal: Hold
Current Market Cap: $8.03B
For further insights into SMR stock on TipRanks’ Stock Analysis page.
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