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MarketBeat
MarketBeat
Leo Miller

NuScale, Rocket Lab Face Heavy Insider Selling After Surges

Over the past 52 weeks, two stocks in the industrials sector have seen their values absolutely skyrocket. As of the Sept. 24 close, small modular reactor (SMR) stock NuScale Power (NYSE: SMR) is up more than 260%. Meanwhile, spacecraft launch and design company Rocket Lab (NASDAQ: RKLB) has provided an approximately 540% return.

However, Nuscale and Rocket Lab also just received negative news from parties with intimate understandings of their businesses. In September alone, MarketBeat tracked over $250 million of insider selling in each stock.

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