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NuScale Power's Next Earnings Report on Aug. 5 Could Send the Stock Soaring. Here's Why.
['Ryan Vanzo', 'The Motley Fool', 'August', 'Min Read']
Yahoo Finance
NuScale Power Corp (NYSE:SMR) is scheduled to report second-quarter earnings after market close on Aug. 5.
So far this year, NuScale's stock price has plunged in value by nearly 50%.
This catalyst could send NuScale Power's stock price soaringNuScale has several promising projects in its pipeline.
Last September, NuScale's stock price spiked to $47.
A positive update on this project could, therefore, give NuScale shares a much-needed lift.