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

Market News
17 Sep 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 lengthy five-year build timeline, lack of firm customer commitments, and projected $700 million negative cash flow from 2026 to 2028. The downgrade caused NuScale's stock to drop 15.67% on September 11, 2026. The investigation could impact investor confidence and the company's future operations.

NuScale Power Corporation's stock is trading at USD 9.02 on Pluang as of September 18, 2026, 06:21 WIB. The stock has seen a positive 1-day change of 8.67% despite recent negative news. Trading volume is 42,039,754 shares, with a market cap of $3.41 billion on the platform.

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