NuScale Power (SMR) Stock Surges 15% in One Day Amid Renewed Interest

NuScale Power (NYSE: SMR) stock rose over 15% in a single trading day last week, although no major announcements or analyst reports prompted this increase. The surge comes amid revived interest in small modular reactors (SMR), as similar company Oklo (NYSE: OKLO) saw a 7% price increase. Despite this jump, NuScale shares have declined 28% this year, while Oklo has dropped approximately 44%. The increased demand for energy driven by artificial intelligence may lead to further interest in SMR developers like NuScale, which is significant for investors looking at the nuclear energy sector.