NuScale Power Corporation (SMR)

NYSE · Broad Market

Latest Move · 2026-02-24

+3.29%
Bounces modestly after brutal February selloff with no fresh catalyst

NuScale Power Corporation (SMR) stock rose 3.3% on February 23, 2026. On the same date, Fluor divested 71 million SMR shares for $1.35 billion. News reports indicated NuScale is targeting 72 modules with ENTRA1, with deployment planned for 2030. However, the sources also reference a significant stock decline of 12% on February 21, 2026, following ENTRA1 disclosure. Multiple class action lawsuits were filed against NuScale and senior executives alleging securities fraud. One lawsuit claims NuScale failed to disclose that it entrusted its NPM commercialization to an entity lacking significant prior experience. Law firms Robbins Geller Rudman & Dowd LLP and Bleichmar Fonti & Auld LLP announced these legal actions, with investors encouraged to participate in the class action proceedings.

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Previous Move

-6.25%
Class action lawsuit, Barclays price target cut, and Fluor divestiture compound NuScale's February rout
2026-02-23

Frequently Asked Questions

Why did NuScale Power Corporation stock move today?

NuScale Power Corporation (SMR) stock rose 3.3% on February 23, 2026. On the same date, Fluor divested 71 million SMR shares for $1.35 billion. News reports indicated NuScale is targeting 72 modules with ENTRA1, with deployment planned for 2030. However, the sources also reference a significant stock decline of 12% on February 21, 2026, following ENTRA1 disclosure. Multiple class action lawsuits were filed against NuScale and senior executives alleging securities fraud. One lawsuit claims NuScale failed to disclose that it entrusted its NPM commercialization to an entity lacking significant prior experience. Law firms Robbins Geller Rudman & Dowd LLP and Bleichmar Fonti & Auld LLP announced these legal actions, with investors encouraged to participate in the class action proceedings.

What does NuScale Power Corporation do?

NuScale Power designs small modular nuclear reactors (SMRs), a next-generation nuclear technology promising smaller, safer, and more flexible power plants. The stock remains pre-revenue and extraordinarily volatile, with daily swings routinely exceeding 5–10%. A convergence of headwinds — analyst downgrades from TD Cowen, Goldman Sachs, and Barclays, Fluor's $1.35 billion share divestiture, and escalating class action lawsuits over its ENTRA1 Energy partnership — has driven shares down roughly 45% in February, with Q4 earnings due Thursday.

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