Why NuScale Power Corporation (SMR) Soared On Friday
We recently published a list of . In this article, we are going to take a look at where NuScale Power Corporation (NYSE:SMR) stands against other Friday's best-performing stocks.
NuScale Power snapped a three-day losing streak on Friday, jumping 10.66 percent to finish at $34.36 apiece as investors cheered the unveiling of the largest energy exploration center in the US, which the company established in partnership with George Mason University.
Called the E2 center, the facility sits on a 345,000-square-foot facility within the university and features a state-of-the-art simulator that replicates a NuScale SMR control room.
Students at George Mason will have the unique opportunity to assume the role of a control room operator at the first full-scale 12-module simulator in the US, engaging with real-life scenarios that bridge theoretical knowledge with practical application.
A Nuclear power plant with all its safety & security protocols in place.
NuScale Power Corporation (NYSE:SMR) President and CEO John Hopkins said that the opening reinforces its mission to drive innovation in nuclear energy and inspire the next-generation leaders.
'Together, we are shaping a skilled nuclear-ready workforce and fostering a more informed public, providing a strong foundation for the future of clean, reliable energy in Virginia and around the world,' he added.
The E2 center was funded by the Virginia Clean Energy Innovation Bank, powered by the Virginia Department of Energy.
Overall, SMR ranks 7th on our list of Friday's best-performing stocks. While we acknowledge the potential of SMR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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