Nuscale Power Corp is trading at $10.09 (5.2% down) as the stock pulls back following a multi-day rally driven by reports that Japan may invest up to $25 billion in its small modular reactor program.
- The decline appears to be a period of profit-taking and volatility after the stock surged nearly 10% yesterday following a report from the Nikkei.
- With no new company-specific negative catalysts reported this morning, the move suggests a digestion of recent gains rather than a shift in fundamentals.