Key Points NuScale Power stock has been volatile as a major milestone approaches. Nuclear investors should understand the value of an upcoming catalyst. 10 stocks we like better than NuScale Power › NuScale Power (NYSE: SMR) stock surged more than 15% in a single trading day last week. What caused the price spike? It's difficult to tell. The company didn't make any major announcements, nor did any Wall Street analysts issue new reports. The valuation jump may simply have been renewed interest in small modular reactor (SMR) developers, as SMR peer Oklo (NYSE: OKLO) also saw its stock price pop by 7%. Notably, the uptick for SMR stocks occurred after a long stretch of declines.
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