MARKET UPDATE – Shares of Nuscale Power Corp (NYSE: SMR) are navigating a volatile trading session on June 3rd, showcasing significant intraday swings. As of 11:42 AM EDT, the stock price stood at 32.42 USD, reflecting a modest gain of +0.40 (1.27%) for the day. However, this figure doesn’t fully capture the morning’s activity.
The nuclear energy technology company saw its stock open strongly at $34.85, a notable jump from the previous close of $32.02. This initial buying interest propelled SMR shares to an intraday high of $36.50, bringing it very close to its 52-week high of $36.85. Following this peak, the Nuscale Power stock price experienced a pullback, touching an intraday low of $31.66 before recovering some of its losses.
This price action suggests keen investor interest in Nuscale Power Corp, a leading developer of Small Modular Reactors (SMRs). The company currently has a market capitalization of approximately 9.18 billion USD. Data indicates no current P/E ratio or dividend yield for SMR stock.
Investors are closely watching Nuscale Power Corp and the broader nuclear energy sector. The day’s trading pattern, with a sharp rise near the 52-week high followed by a retreat, could indicate profit-taking or a reaction to broader market sentiments or sector-specific news. The 52-week low for the stock is $6.61, highlighting the significant appreciation SMR shares have seen over the past year.
Frequently Asked Questions (FAQ) about Nuscale Power Corp (SMR) Stock:
Q1: What is the current stock price of Nuscale Power Corp?
A: As of 11:42 AM EDT on June 3rd, the stock price of Nuscale Power Corp (SMR) was 32.42 USD.
Q2: What is the stock ticker symbol for Nuscale Power Corp?
A: The stock ticker symbol for Nuscale Power Corp is SMR. It trades on the New York Stock Exchange (NYSE).
Q3: How has Nuscale Power Corp (SMR) stock performed today?
A: SMR stock has been volatile. It opened at $34.85, reached a high of $36.50 (near its 52-week high), and a low of $31.66. As of 11:42 AM EDT, it was up +0.40 (1.27%) at $32.42.
Q4: What was the previous closing price for SMR stock?
A: The previous closing price for Nuscale Power Corp stock was $32.02.
Q5: What is the 52-week trading range for Nuscale Power Corp stock?
A: The 52-week high for SMR stock is $36.85, and the 52-week low is $6.61.
Q6: Does Nuscale Power Corp (SMR) pay a dividend or have a P/E ratio?
A: According to the provided data, Nuscale Power Corp does not currently have a listed dividend yield or P/E ratio.
Q7: What is the market capitalization of Nuscale Power Corp?
A: The market capitalization of Nuscale Power Corp (SMR) is approximately 9.18 billion USD.
Q8: What does Nuscale Power Corp do?
A: Nuscale Power Corp is a company focused on the development and deployment of Small Modular Reactors (SMRs), a type of advanced nuclear reactor technology. They are a significant player in the nuclear energy sector.
Q9: Where can I find more information on Nuscale Power Corp (SMR) stock?
A: You can find more information on SMR stock on major financial news websites, brokerage platforms, and the official Nuscale Power Corp investor relations page by searching for its ticker symbol “SMR”.
