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Nasdaq October 19, 2023 Eric Volkman for The Motley Fool A short-seller report gave investors plenty to worry about with NuScale Power (NYSE: SMR) stock on Thursday. On the back of that document, which criticized the nuclear reactor maker harshly at times, the company's share price fell at double-digit rates. It ended the day nearly 12% lower, while the gloomy S&P…
NuScale Power Corporation today issued the following statement in response to a misleading short-seller report on October 19, 2023 .
The inaccurate and deceptive “research” is riddled with.
As of now, there are only two operational SMR plants in the world located in Russia and China and both have experienced cost blowouts and delays. NuScale claims approximately 680 issued and pending global patents. But the company does not have an operational SMR and the only revenue it generates comes from the reimbursement of…
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of NuScale Power Corporation resulting from allegations.