NuScale Power (SMR) experienced a significant surge in its stock price, soaring 5.75% in overnight trading. The company's shares closed at a higher value, reflecting strong investor interest in the nuclear energy sector.
The upward movement of NuScale Power was part of a broader rally in nuclear stocks during the overnight trading session. This sector-wide trend suggests growing optimism surrounding nuclear energy companies and their potential in the current market landscape.
Other nuclear energy stocks also saw notable gains. Energy Fuels led the pack with an impressive 11% increase, while NANO Nuclear Energy matched NuScale Power's 5% rise. Oklo, another player in the nuclear energy field, saw its stock climb by 4%. This collective upward movement indicates a positive sentiment towards nuclear energy stocks among investors.