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Fluor (FLR) Jumps as Starboard Value Targets Nuclear Energy Stock for Fresh Upside

Fluor (FLR) Jumps as Starboard Value Targets Nuclear Energy Stock for Fresh Upside

Author:

Global Cryptocurrency

Published:

2025-10-21 09:29:02

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BTCCSquare news:

Activist investor Starboard Value has acquired a 5% stake in Fluor Corporation (FLR), signaling confidence in the engineering firm's untapped potential. Fluor's shares ROSE 2.6% on Monday, with pre-market gains extending to 8% as investors digested the news.

The market's focus has sharpened on Fluor's 40% stake in NuScale Power (SMR), a small modular nuclear reactor designer. NuScale's stock has skyrocketed 145% this year, buoyed by AI-driven power demand and data center expansion. Starboard contends Fluor's Core business remains undervalued relative to its NuScale exposure.

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