NuScale Power Rises 4% Despite Dilution Concerns; Uranium Energy Advances 4%, Oklo Gains 2%
Source: 24/7 Wall St. ·
NuScale Power (NYSE:SMR) stock rose 4% to $8.07 on Wednesday even as investors continued to focus on dilution concerns. Oklo (NYSE:OKLO) shares advanced 2% to $37.94, while Uranium Energy (NYSE MKT:UEC) stock gained 4% to $9.65. The nuclear and uranium group found support amid broader market strength. The Global X Uranium ETF (NYSE ARCA:URA) climbed […]
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NuScale Power climbed Wednesday even as a fresh $750 million share-sale program keeps dilution fears alive, while Oklo and Uranium Energy rode the same nuclear wave for very different reasons. This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. NuScale Power ( NYSE:SMR ) stock rose 4% to $8.07 on Wednesday even as investors continued to focus on dilution concerns. Oklo ( NYSE:OKLO | OKLO Price Prediction ) shares advanced 2% to $37.94, while Uranium Energy ( NYSE MKT:UEC ) stock gained 4% to $9.65. The nuclear and uranium group found support amid broader market strength. The Global X Uranium ETF ( NYSE ARCA:URA ) climbed 0.68% to $40.31. The SPDR S&P 500 ETF Trust ( NYSE ARCA:SPY ) rose 0.51% to $768.09. NuScale Power remains a pre-commercial developer with a large cash balance and several potential customer pathways, yet share-count growth and a new at-the-market program remain central topics.…