NuScale Power (NYSE: SMR), a developer of small modular reactors (SMRs) for nuclear power plants, went public through a merger with a special purpose acquisition company (SPAC) on May 3, 2022.
Its stock opened at $10.70 per share on the first day, reached a record high of $53.43 on Oct. 15, 2025, but trades at just over $10 as of this writing
Let’s see why NuScale’s stock plunged, and if it could stabilize and recover in the second half of the year. Why did investors ignore NuScale? NuScale’s SMRs can be installed in vessels that are only 65 feet tall and nine feet wide, making them much smaller than conventional nuclear reactors.
They’re prefabricated and assembled on-site to reduce the time, labor, and costs required to build a nuclear power plant. NuScale’s newest SMR only generates 77 MWe on its own, while conventional nuclear power plants usually generate over 1,000 MWe. However, NuScale’s SMRs can be chained together to build smaller plants in areas that aren’t well-suited for larger plants.