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Law firm probes NuScale Power over alleged securities fraud after stock drops 15.7%

Market News
13 Oct 2026
GlobeNewsWire
View Source
Bearish
Law firm probes NuScale Power over alleged securities fraud after stock drops 15.7%

Pomerantz LLP is investigating NuScale Power Corporation for possible securities fraud following a significant stock price drop. The investigation follows UBS downgrading NuScale from "Neutral" to "Sell" due to concerns about losing its lead in small modular reactor technology, a long project timeline, lack of firm customer commitments, and projected negative cash flow. NuScale's stock fell 15.67% after the downgrade, prompting investor claims of potential misconduct by company officers or directors. The investigation aims to protect investors and could lead to a class action lawsuit.

NuScale Power Corporation's stock is trading at USD 6.50 on Pluang as of Oct 14, 2026 04:32 WIB, down 2.99% in one day, which contrasts with the sharper 15.67% drop noted in the news following the UBS downgrade. Despite the recent volatility, NuScale's market cap stands at $2.75 billion, and the platform shows a higher sell activity at 70%, compared to 30% buy orders, indicating cautious investor sentiment during this period. The typical holding time on Pluang is 30 days, reflecting a relatively short-term engagement with this stock amid ongoing uncertainties.

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