NuScale Power Stock Slides After Q2 Earnings Report: Here's Why
1. NuScale reported Q2 losses of 13 cents per share, missing estimates. 2. Quarterly sales were $8.05 million, below the expected $11.89 million. 3. NRC granted NuScale approval for 77 MWe SMR design, enhancing market position. 4. Stock price fell 2.72% to $44.40 in extended trading. 5. NuScale is the only provider with NRC design approval.