NuScale Power Stock Plunges 18.8% Amid Major Shareholder Sell-Off

NuScale Power's stock plummeted 18.8% this week, significantly underperforming broader market indices. The decline follows Fluor Corporation's sale of nearly $100 million worth of shares after a lock-up period expired, flooding the market with new supply. Analysts anticipate further selling pressure as Fluor may offload hundreds of millions in stock over the next two years.

The small modular reactor developer now faces heightened scrutiny over its $10 billion valuation, particularly given its unproven technology and minimal current revenue. Meanwhile, Wall Street's neutral initiation of coverage on a NuScale competitor adds another LAYER of competitive pressure.

While the sell-off reflects legitimate concerns about valuation and liquidity, NuScale remains a speculative play for risk-tolerant investors betting on nuclear energy's future. The company's fortunes will hinge on its ability to commercialize its SMR technology amid growing interest in clean energy solutions.