Why NuScale Power Stocks Are on a Rollercoaster

NuScale Power ( (SMR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

NuScale Power’s stock has experienced an unusual movement, with a recent drop of about 8.7%. This decline is likely due to negative insider sentiment, as significant stock sales by corporate insiders, including a major sale by CEO John Lawrence Hopkins, have been observed. Despite this downturn, analysts maintain a ‘Strong Buy’ rating with a price target indicating a potential 28.21% upside. This mixed sentiment presents a complex scenario for investors, balancing strong bullish analyst expectations against insider selling activity.

More about NuScale Power

YTD Price Performance: 14.51%

Average Trading Volume: 11,105,154

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.55B

For further insights into SMR stock on TipRanks’ Stock Analysis page.

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