NuScale Power stock whipsaws after BlackRock filing as investors scan fresh SMR economics study
NuScale Power shares fell 2.5% to $18.52 Wednesday after an early surge, with heavy trading volume. BlackRock disclosed a 3.4% passive stake in NuScale, holding 9.73 million shares as of Dec. 31. A study with Oak Ridge National Laboratory found positive economics for pairing NuScale reactors with a U.S. chemical plant, but no new contracts were announced.