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Why Is NuScale Power Stock Blasting Higher?


Shares of NuScale Power (NYSE: SMR) surged 22.6% in early Wednesday trading and was still holding up about 10% through 1:20 p.m. ET. With today's gains, the nuclear energy stock has rallied over 25% just this week, as of this writing.

Today's catalyst for NuScale Power stock is a major announcement from none other than the U.S. Department of Army.

Image source: Getty Images.

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Source Fool.com

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