NuScale Power Stock Jumps as Fluor’s $150 Million SMR Share Sale Lands
Fluor sold 12.9 million NuScale Power shares to Citi at $11.63 each, cutting its stake to 3.9%, according to SEC filings. The sale, disclosed Friday, dropped Fluor below the 5% Schedule 13D threshold. NuScale shares closed at $12.65, up 10.8% on heavy volume.