Reported 2 days ago
NuScale Power's stock jumped 12.9% this week, driven by an executive order from President Trump to boost nuclear energy capacity and optimism surrounding nuclear power's potential role in meeting rising electricity demands. Despite its impressive stock performance and a market cap of $11 billion, the company currently does not generate revenue and has no immediate projects lined up, raising concerns about its long-term viability. Investors are advised to proceed with caution.
Source: YAHOO