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NuScale shares drop 6% after Q2 revenue collapse and $750M share offering announcement

Market News
18 Aug 2026
24/7 Wall Street
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Bearish
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NuScale Power's stock fell 6% following a 99.1% plunge in Q2 2026 revenue to $75,000 due to completion of a major engineering contract and no immediate replacement work. The company raised $984.5 million in equity in H1 2026 and plans an additional $750 million share offering, increasing share count significantly. Despite short-term revenue challenges, NuScale holds the only U.S. NRC design certification for small modular reactors and has projects lined up for the early 2030s. Investors remain cautious due to ongoing dilution and delayed commercial deployment, while peers with current revenue streams show mixed stock performance.

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