Nuscale Power Corp is trading 4.1% up at $10.93 following a Bank of America upgrade and constructive commentary from the U.S. Environmental Protection Agency (EPA) regarding small modular reactors (SMRs).
- The EPA's positive outlook on SMR technology has bolstered investor sentiment toward the stock and the broader nuclear energy sector.
- The price action follows a sharp pullback last week, as investors return to nuclear names amid renewed sector momentum and a generally stronger risk-on environment in U.S. equities.