NuScale Power ( (SMR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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NuScale Power’s stock has seen unusual price movements due to a mixed options sentiment, with increased options volume and a steepened put-call skew, indicating a rising demand for downside protection. Despite a drop in share price, the implied volatility remains high, suggesting potential for significant price shifts. This activity follows a rally in nuclear stocks after the U.S. Army announced plans to deploy small reactors, which has influenced NuScale’s stock activity.
More about NuScale Power
YTD Price Performance: 169.00%
Average Trading Volume: 17,438,452
Technical Sentiment Signal: Buy
Current Market Cap: $13.57B
For further insights into SMR stock on TipRanks’ Stock Analysis page.
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