NuScale Power shares are trading lower after Hunterbrook issued a report saying the company is under SEC investigation.
Portfolio Pulse from Benzinga Newsdesk
NuScale Power shares are trading lower following a report from Hunterbrook indicating that the company is under SEC investigation.
July 29, 2024 | 3:26 pm
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NEGATIVE IMPACT
NuScale Power shares are experiencing a decline after Hunterbrook reported that the company is under investigation by the SEC.
The news of an SEC investigation typically has a negative impact on a company's stock price due to potential legal and financial repercussions. Investors are likely to react negatively, leading to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100