Why NuScale Power Stock Is Rocketing Higher Today
After powering to higher closes than the previous days of trading on both Thursday and Friday last week, NuScale Power (NYSE: SMR) stock is poised to extend the streak for a third consecutive day of trading. Although the company hasn't reported any positive news to drive the advanced nuclear reactor stock higher, a Swedish utility announced today, a move the market is interpreting as a positive sign for the industry.
As of 2:00 p.m. ET, shares of NuScale Power are up 10.7%, retreating slightly from an earlier rise of 13.7%.
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Source Fool.com
