After a perfect storm of negative news converged on NuScale Power (NYSE: SMR), shares of the pioneering developer of small modular reactors (SMRs) are currently trading at a 52-week low—a signal of distress to most of the market.
Following a difficult quarterly earnings report that missed analyst estimates and a cloud of legal challenges that have created uncertainty, the market's reaction has been swift and unforgiving, erasing a significant portion of NuScale's value and shaking many investors' resolve.
