Movement Alert｜NuScale Power Rises 8.18% in Regular Trading, Nuclear Power Sector Rallies Broadly

Market Focus06-02

On June 2, NuScale Power rose 8.18% in regular trading, trading at $14.01 USD/share, with trading volume of $337 million. On the news front, the U.S. nuclear power sector strengthened collectively, driving NuScale Power shares higher amid a clear sector linkage effect.

Multiple stocks within the nuclear and heavy electrical equipment space posted synchronized gains, reinforcing broad-based momentum across the sector. Among individual stocks, Bloom Energy rose 10.24%, NANO Nuclear Energy rose 4.71%, GE Vernova rose 2.33%, X-Energy rose 2.10%, and Forgent Power Solutions rose 0.80%. This marks a continuation of sector strength observed in late May when nuclear stocks also rallied collectively.

NuScale Power Corporation is redefining nuclear energy through its proprietary small modular reactor technology. Its core NuScale Power Module generates 77 MWe of electricity, while its flagship VOYGR power plant design can house up to 12 modules for a total output of 924 MWe.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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