NuScale Power's stock plummeted 6.32% during intraday trading on Friday, as investors reacted to growing concerns about the company's project costs and broader industry headwinds.

The selloff followed a MarketWatch analysis highlighting that NuScale's Idaho project saw costs rise 75%, with the company's cost per kilowatt hitting $20,139 - exceeding even the most expensive reactor in American history. The article detailed significant challenges facing the small modular reactor industry, including severe workforce shortages, fuel supply dependencies on Russia, and regulatory delays.

Analysts characterized NuScale as having "no customer with a shovel in the ground" and described the stock as a "lottery ticket," reflecting high uncertainty about the company's near-term prospects despite its NRC certification for SMR technology.