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NuScale Power Stock Rebounds Amid Fluor Share Sale Plan
NuScale Power Stock Rebounds Amid Fluor Share Sale Plan
22
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BTCCSquare news:
NuScale Power (SMR) shares surged 4% on Tuesday, recovering from a sharp Friday decline triggered by Fluor's plan to sell part of its stake. The engineering giant aims to convert 15 million Class B shares to Class A for liquidity purposes, citing accounting complexities from NuScale's volatility rather than diminished confidence.
Small modular reactor technology remains a high-risk, high-reward play for energy markets. NuScale's potential to power off-grid AI data centers and other energy-intensive facilities positions it as a speculative leader in next-gen nuclear solutions. Market enthusiasm persists despite the unproven nature of SMR systems.
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