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NuScale faces securities fraud probe after UBS downgrade and stock plunge

Market News
08 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 company's 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 build timeline, lack of firm customer commitments, and projected $700 million negative free cash flow through 2028. The downgrade caused NuScale's stock to drop 15.67% on September 11, 2026. The investigation could impact investor confidence and future legal outcomes for the company.

SMR (NuScale Power Corporation) trades at USD 7.51 on Pluang as of Oct 08, 2026 21:13 WIB, down 2.09% in the last day. The stock shows a market cap of $3.15 billion and a high buy interest with 89% of orders on Pluang being buys. Typical holding time for SMR on Pluang is 29 days, indicating moderate investor engagement despite recent negative news.

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