If You'd Invested $1,000 in NuScale Power Stock 1 Year Ago, Here's How Much You'd Have Today

Hardly anyone knew about NuScale Power (NYSE: SMR) until last year. The company went public in 2022 via a SPAC merger. Between its day of listing on May 3, 2022, and Dec. 31, 2023, shares of NuScale Power had plunged 69%. But if you had waited a few months, watched the stock reverse course, and then invested $1,000, in NuScale Power stock this time one year ago, your money would have more than tripled by now to nearly $3,100.NuScale Power hasn't even commercialized its first product, so what is the hype all about? It's about nuclear energy, and the potential for small modular reactors (SMRs) to change the dynamics of the industry.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool