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NuScale faces securities fraud probe after UBS downgrade and stock plunge.

Market News
15 Oct 2026
PRNewsWire
View Source
Bearish
NuScale faces securities fraud probe after UBS downgrade and stock plunge.

Pomerantz LLP is investigating NuScale Power Corporation for potential securities fraud following UBS's downgrade of the stock from "Neutral" to "Sell" and a price target cut from $10 to $6. UBS cited NuScale's loss of its first-mover advantage in small modular reactor technology, a long five-year project timeline, lack of firm customer commitments, and projected $700 million negative cash flow between 2026 and 2028. This news caused NuScale's stock to drop 15.67% on September 11, 2026. The investigation aims to determine if NuScale and its executives engaged in unlawful business practices, which could impact investors further.

NuScale Power Corporation (SMR) trades at USD 5.64 on Pluang, down 3.26% as of Oct 15, 2026 21:11 WIB, following a significant 15.67% drop reported on September 11, 2026. Despite the recent investigation news, Pluang data shows a strong buyer interest with 89% of order activity on the platform being buys. The stock's market cap stands at $2.39 billion, reflecting ongoing investor engagement amid the scrutiny.

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