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NuScale Power Rises 5.95% on Franklin Resources' New Stake Acquisition

NuScale Power Corporation (SMR) shares are experiencing an uptick today, with the stock price rising following the disclosure that Franklin Resources Inc. has acquired a new position in the company. This development, revealed in a recent Form 13F filing, indicates increased institutional interest in NuScale Power, which may be contributing to the positive sentiment around the stock.

NuScale Power (SMR) shares are up 5.95% to $22.09 as of 10:00 am on Monday, compared to its previous close of $20.85.