NEW YORK, January 4, 2026, 06:46 ET — Market closed
- NuScale Power shares closed up 15.1% on Friday, outpacing a steadier broader market start to 2026. 1
- Commentary around the move pointed to sector sentiment rather than a fresh company announcement. 2
- Traders now shift focus to a heavy U.S. data week, including the January 9 jobs report, for clues on rates and risk appetite. 3
NuScale Power Corporation shares jumped 15.1% in the last regular session, closing at $16.31 on Friday with about 30.5 million shares traded, according to Stock Analysis data. 1
The move put the small-cap nuclear developer among the sharper gainers as investors began 2026 rotating back into higher-volatility corners of the market after a late-December slump. 4
For NuScale, market chatter centered on sentiment rather than a new company catalyst. Nasdaq.com said the stock rose “apparently on no good news at all,” pointing instead to headlines around a temporary shutdown at Finland’s Olkiluoto nuclear plant. 2
The Nasdaq.com report cited a technical fault tied to a software update that took one Olkiluoto unit offline, while noting the incident did not compromise safety and other units continued operating. 2
NuScale develops small modular reactors, or SMRs—smaller nuclear units intended to be built with repeatable, factory-style components rather than custom-built entirely on site. 5
In essential background, the U.S. Nuclear Regulatory Commission approved NuScale’s upgraded 77-megawatt SMR design in 2025, a milestone the company has said is key to marketing its technology, even as it still seeks firm customer commitments. 5
The broader nuclear theme has also been tied to rising electricity demand from data centers and a policy push to accelerate reactor approvals, Reuters has reported. 6
Investors tracking the group have also been watching other nuclear-linked names across the value chain, including SMR developer Oklo and fuel supplier Centrus Energy, among others. 7
Technically, NuScale is still well below its longer-term moving averages, with MarketBeat listing a 50-day moving average of $23.44 and a 200-day moving average of $34.24—levels some traders treat as overhead resistance after sharp rebounds. 8
Joe Mazzola, head of trading & derivatives strategist at Charles Schwab, described the broader tape on Friday as a “buy the dip, sell the rip” mentality, while warning investors were becoming more conscious about what they pay for higher-multiple themes. 4
With U.S. markets reopening Monday, investors will take their cues from a packed calendar that includes ISM manufacturing on January 5 and a cluster of labor-market indicators midweek. 9
The main macro test is Friday’s U.S. employment report for December, due January 9, which often resets expectations for Federal Reserve policy and can swing high-beta stocks. 3
