NuScale Power Stock Shows Bullish Signals Despite Recent Pullback
NuScale Power shares have retreated from record highs but are approaching a historically bullish technical level. Options market data reveals significant put activity that could fuel a rebound if sentiment shifts.
Recent Market Movement and Investor Activity
NuScale Power (SMR) shares declined significantly this week, reportedly falling 12.4% to $33.60 amid news that Starboard Value acquired an almost 5% stake in Fluor Corporation, which maintains majority ownership in the nuclear technology company. Despite this pullback, sources indicate the stock remains up 89.6% for 2025 and had reached an all-time high of $57.42 just last week.