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NuScale Power jumps 7% on South Korean deal to start manufacturing nuclear reactor hardware.

Market News
29 Oct 2026, 20:11 WIB
24/7 Wall Street
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Bullish
NuScale Power jumps 7% on South Korean deal to start manufacturing nuclear reactor hardware.

NuScale Power's stock rose 7% after signing a contract with South Korea's Doosan Enerbility to manufacture key components for its small modular nuclear reactor. This deal marks a shift from design approval to actual production, although NuScale has yet to secure a paying customer for its modules. The company holds the only U.S. Nuclear Regulatory Commission design certification in this sector, positioning it ahead of peers Oklo and BWX Technologies, whose stocks also rose but lagged behind. Investors await NuScale's upcoming Q3 earnings for updates on potential orders and partnership progress, as the company still depends on future sales to grow.

NuScale Power's stock on Pluang is priced at USD 6.04, showing a 6.61% gain as of Oct 30, 2026 00:23 WIB, reflecting strong investor interest following its manufacturing deal. Oklo shares trade at USD 27.36 with a modest 0.87% increase, while BWX Technologies is at USD 138.71, up 2.78%. All three stocks have 100% buy order activity on Pluang, indicating bullish sentiment among platform investors.

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