Stock Track | NuScale Power Plummets 5.01% Intraday as Major Shareholder Fluor Sells Entire Stake

Stock Track04-24 01:10

NuScale Power's stock plummeted 5.01% during intraday trading on Thursday, as the company faced significant selling pressure following major divestment by a key shareholder.

The decline comes after Fluor Corporation completed the sale of its remaining 40 million shares of NuScale Power, generating gross proceeds of $473 million. This transaction follows Fluor's earlier sale of 13.5 million shares just days before, meaning the company no longer holds any shares in NuScale Power. Large-scale selling by a major shareholder and director typically signals negative sentiment and creates substantial downward pressure on stock prices.

Adding to the bearish sentiment, HSBC initiated coverage on NuScale Power with only a Hold rating and a $13 price target, which provided limited positive catalyst for the stock amid the significant selling activity from Fluor's complete divestment.

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1192163765?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-24 01:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1192163765","market":"nz","top_or_hot":-1,"title":"Stock Track | NuScale Power Plummets 5.01% Intraday as Major Shareholder Fluor Sells Entire Stake","media":"Stock Track","content":"<p>NuScale Power's stock plummeted 5.01% during intraday trading on Thursday, as the company faced significant selling pressure following major divestment by a key shareholder.</p><p>The decline comes after Fluor Corporation completed the sale of its remaining 40 million shares of NuScale Power, generating gross proceeds of $473 million. This transaction follows Fluor's earlier sale of 13.5 million shares just days before, meaning the company no longer holds any shares in NuScale Power. Large-scale selling by a major shareholder and director typically signals negative sentiment and creates substantial downward pressure on stock prices.</p><p>Adding to the bearish sentiment, HSBC initiated coverage on NuScale Power with only a Hold rating and a $13 price target, which provided limited positive catalyst for the stock amid the significant selling activity from Fluor's complete divestment.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | NuScale Power Plummets 5.01% Intraday as Major Shareholder Fluor Sells Entire Stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | NuScale Power Plummets 5.01% Intraday as Major Shareholder Fluor Sells Entire Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-04-24 01:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NuScale Power's stock plummeted 5.01% during intraday trading on Thursday, as the company faced significant selling pressure following major divestment by a key shareholder.</p><p>The decline comes after Fluor Corporation completed the sale of its remaining 40 million shares of NuScale Power, generating gross proceeds of $473 million. This transaction follows Fluor's earlier sale of 13.5 million shares just days before, meaning the company no longer holds any shares in NuScale Power. Large-scale selling by a major shareholder and director typically signals negative sentiment and creates substantial downward pressure on stock prices.</p><p>Adding to the bearish sentiment, HSBC initiated coverage on NuScale Power with only a Hold rating and a $13 price target, which provided limited positive catalyst for the stock amid the significant selling activity from Fluor's complete divestment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SMR","symbol_name":"NuScale Power","start_time":0,"source_url":"","article_id":"1192163765","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1192163765","pubTimestamp":1776964249,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"NuScale Power's stock plummeted 5.01% during intraday trading on Thursday, as the company faced significant selling pressure following major divestment by a key shareholder.The decline comes after...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SMR":"NuScale Power"},"translate_title":"个股追踪|NuScale Power盘中暴跌5.01%大股东福陆出售全部股权","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMR":1},"content_text":"NuScale Power's stock plummeted 5.01% during intraday trading on Thursday, as the company faced significant selling pressure following major divestment by a key shareholder.The decline comes after Fluor Corporation completed the sale of its remaining 40 million shares of NuScale Power, generating gross proceeds of $473 million. This transaction follows Fluor's earlier sale of 13.5 million shares just days before, meaning the company no longer holds any shares in NuScale Power. Large-scale selling by a major shareholder and director typically signals negative sentiment and creates substantial downward pressure on stock prices.Adding to the bearish sentiment, HSBC initiated coverage on NuScale Power with only a Hold rating and a $13 price target, which provided limited positive catalyst for the stock amid the significant selling activity from Fluor's complete divestment.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1192163765","isCrawlerRequest":true}