Why NuScale Power Stock Dropped, Then Popped Today
NuScale(SMR) The Motley Fool·2024-08-09 23:51
NuScale stock needs cash for fuel. Shares of NuScale Power (SMR 6.89%) tumbled more than 8% in early trading Friday after missing badly on both sales and earnings in its second-quarter financial update last night -- that's the bad news. The good news for investors in NuScale is that as the morning wears on, NuScale stock has turned around and is already back in the green, and up 4.4% as of 10:20 a.m. ET. NuScale's Q2 earnings Low expectations may lie behind the turnaround. Heading into earnings, analysts on ...