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Why Did NuScale Power Stock Drop Today?

TheMotleyFool

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Nuclear power start-up stock NuScale Power (NYSE: SMR) disappointed investors with its second-quarter financial report last night, and the stock is down 8.2% through 12:15 p.m. Friday.

Heading into the report, analysts forecast NuScale would generate about $11.7 million in revenue but remain unprofitable. Actual revenue was only $8.1 million, however, and NuScale lost $0.13 per share.

Image source: Getty Images.

Source Fool.com

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