Stock Market Today, April 22: NuScale Power Surges After Coverage Highlights Discount to Recent Highs
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By Howard Smith – Apr 22, 2026 at 5:14PM ESTExpandNYSE: SMRNuScale PowerToday's Change(16.45%) $1.92Current Price$13.59Key Data PointsMarket Cap$3.8BDay's Range$12.12 - $13.6352wk Range$8.85 - $57.42Volume2.8MAvg Vol26MGross Margin33.84%Small modular reactor developer NuScale Power (SMR +16.45%) closed Wednesday at $13.57, up 16.28%. The stock moved higher after fresh coverage highlighted its steep discount to recent highs and compared its prospects with Oklo (OKLO +15.60%) within a projected $10 trillion nuclear revival. Investors are watching how it converts that narrative into concrete project wins and financing progress.Trading volume reached 54 million shares, coming in about twice its three-month average of 26.9 million shares. NuScale Power IPO'd in 2022 and has grown 35% since going public.How the markets moved todayThe S&P 500 (^GSPC +1.05%) added 1.03% to finish Wednesday at 7,137, while the Nasdaq Composite (^IXIC +1.64%) gained 1.64% to close at 24,658. Within nuclear energy technology, industry peers Oklo closed at $72.41, up 15.65%, and GE Vernova (GEV +13.59%) finished at $1,127.56, rising 13.75% as investors leaned into advanced nuclear themes.What this means for investorsAccording to a recent report by Bank of America (BAC 0.76%) analysts, nuclear energy is undergoing a revival that could become a $10 trillion nuclear renaissance. Two stocks investors are speculating with are Oklo and NuScale Power. Both stocks are well off recent highs as that speculation wildly overpriced near-term business potential. With NuScale stock now 75% below highs reached last fall, some investors are placing their bets on that name. Earnings from GE Vernova today helped boost optimism as it said large service orders at its nuclear power business helped drive strong Q1 performance in its Power segment. Investors will hear more from NuScale in its Q1 earnings release scheduled for May 7.Read NextApr 22, 2026 •By Ryan VanzoBattle Royale: Oklo vs. NuScale Power.
Can Both Make You Rich?Apr 22, 2026 •By Steven PorrelloShould You Buy NuScale Power While It's Below $20?Apr 21, 2026 •By Ryan Vanzo2 Nuclear Stocks That Are Quietly Becoming the Trade of the Year (and Beyond)Apr 21, 2026 •By Ryan VanzoI'm Calling It: NuScale Power Stock Is a Buy Before June 2Apr 20, 2026 •By Ryan VanzoShould You Forget NuScale Power and Buy This Nuclear Stock Instead?Apr 18, 2026 •By Ryan VanzoCan NuScale Power Survive a Market Selloff? Here's Why I'm Concerned.About the AuthorHoward Smith is a contributing Motley Fool stock market analyst covering technology and industrial stocks. Prior to The Motley Fool, Howard spent nearly 30 years supervising quality and operations in the steel industry, mostly with leading steel company Nucor. He holds a bachelor’s degree in metallurgical engineering from Lafayette College and a master’s degree in environmental engineering from Johns Hopkins University.TMFBuilt2LastStocks MentionedNuScale PowerNYSE: SMR$13.57(+16.28%)+$1.90OkloNYSE: OKLO$72.41(+15.65%)+$9.80GE VernovaNYSE: GEV$1,125.99(+13.59%)+$134.69*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.