Nuscale Stock news
On September 24, 2026, Pomerantz LLP announced an investigation into potential securities fraud and unlawful business practices by NuScale Power Corporation (NYSE: SMR) and certain corporate officers. The inquiry follows a sharp 15.7% decline in NuScale's share price to $8.61 after UBS downgraded the stock to "Sell" and cut its target price to $6.00. The underlying scrutiny focuses on disclosures regarding NuScale's commercialization progress, specifically concerns that the company is relinquishing its first--mover advantage in small modular reactor (SMR) deployment, facing extended five--year build schedules, lacking binding customer commitments, and confronting a projected $700 million cash burn through 2028 amid pacing challenges on projects with the Tennessee Valley Authority (TVA) and Romania's RoPower.