Movement Alert|NuScale Power Rises 8.08% in Regular Trading, SMR Cooperation Theme Catalyzes Ahead of Earnings

Market Focus08-03

On August 3, NuScale Power rose 8.08% in regular trading, trading at $9.105/share, with turnover of approximately $85.81 million.

On the news front, Bill Gates is scheduled to visit South Korea on August 14 to discuss small modular reactor (SMR) business cooperation with SK Group and HD Hyundai Group. This follows the US-Japan-South Korea trilateral SMR cooperation memorandum signed at the NATO summit in Ankara, which established a framework to accelerate SMR deployment starting in the Indo-Pacific region. The nuclear energy theme saw broad sector strength, with peer X-Energy rising over 11% on the same day.

Additionally, NuScale Power is set to report quarterly earnings on August 5 after market close, with analysts expecting adjusted EPS of -$0.13, representing a narrowing from the prior year loss. Short-term speculative sentiment appears elevated as investors position ahead of the report. The company recently secured a contract through Paragon for final development of its reactor protection systems, and certain components of 12 power modules are already in production.

(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.)

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