NuScale Power (SMR) stock soared 5.95% in the intraday trading session on Friday, as nuclear energy stocks saw a broad rally.
The surge in NuScale Power's shares was part of a wider rally in nuclear energy stocks. According to reports, several other nuclear energy companies also witnessed significant gains, with Oklo rising 7%, and Lightbridge and Centrus both climbing over 5%.
The strong performance of nuclear energy stocks on Friday highlights the growing interest and optimism surrounding the nuclear energy industry. As the world seeks to transition towards cleaner and more sustainable energy sources, nuclear power is gaining attention as a potential solution to meet energy demands while reducing carbon emissions.