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

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

NuScale Power Corporation (SMR) is trading at USD 7.89 on Pluang as of October 1, 2026, 21:17 WIB. The stock shows a slight 1-day decline of 0.13%, contrasting with the larger drop reported earlier in September. Market activity on Pluang indicates strong buying interest, with 88% of orders being buy orders.

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