Stocks of small modular reactor developers NuScale Power and Oklo rose sharply by 13% and 7% respectively, signaling renewed investor interest in the nuclear energy sector despite a broadly declining market. This rally comes without new company-specific news but reflects a rotation back into nuclear stocks after a summer selloff. NuScale remains down 24% and Oklo down 39% year-to-date, indicating the sector still faces challenges. Investors are watching for sustained gains in uranium-related ETFs and fuel companies like Centrus Energy to confirm a lasting recovery in nuclear stocks.
Nuclear energy stocks, including NuScale Power, Energy Fuels, and Oklo, have dropped significantly due to rising long-term Treasury yields, which reached 5.26%. This increase raises borrowing costs and lowers the present value of future earnings, hit...
A year ago, Oklo and NuScale were highly recommended as buys amid optimism for small modular reactors (SMRs) in nuclear energy. Since then, Oklo's stock dropped 81.4% and NuScale's fell 85.8%, reflecting ongoing execution risks and lack of commercial...
Pomerantz LLP is investigating NuScale Power Corporation for possible securities fraud following a significant stock price drop. The investigation follows UBS downgrading NuScale from "Neutral" to "Sell" due to concerns about losing its lead in small...
Nuclear reactor stocks, led by NuScale Power, Oklo, and Centrus Energy, experienced sharp declines, with NuScale falling 7% and now down 53% year-to-date. The selloff reflects investor worries about long construction timelines, limited firm orders, a...
