NuScale Power Corporation (SMR) is seeing an uptick today, likely influenced by recent developments in the global small modular reactor (SMR) space. India's nuclear power operator, NPCIL, has issued a Request for Proposals to finance and build a fleet of 220 MW Bharat Small Reactors, aiming to decarbonize Indian industry. This move signals a growing international interest in SMRs, which could benefit companies like NuScale that are involved in similar technologies. Additionally, TerraPower's awarding of major manufacturing contracts for the Natrium demo plant marks a significant milestone in the commercialization of advanced reactors, further highlighting the momentum in the nuclear sector.
NuScale Power Corporation's stock is currently trading at $18.61, reflecting a 3.79% increase from the previous close of $17.93. Despite being just a few minutes into the trading day, the stock has seen a relatively low volume of 435,168 shares, which is only 3.77% of its average daily volume of 11,558,040 shares.