Why GE Venova Stock Topped the Market on Tuesday

On Tuesday, GE Venova (NYSE: GEV) announced some positive news regarding a nuclear project in Tennessee. That, combined with an analyst's price target raise, drove its stock price more than 4% that trading session.GE Venova announced that the U.S. Department of Energy (DoE) is awarding a $400 million grant to the Tennessee Valley Authority (TVA). This is earmarked for the continued development of a small modular reactor (SMR) being built by GE Venova Hitachi Nuclear Energy (a joint venture between GE Venova and the namesake Japanese company). Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool