Why NuScale Power Stock Tanked 39.5% Last Month
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NuScale Power Corporation's stock fell 39.5% in December due to a broad pullback in growth and AI stocks, following a strong performance earlier in 2024.

January 06, 2025 | 10:00 pm
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NuScale Power's stock dropped 39.5% in December, likely due to a general decline in growth and AI stocks after a strong performance earlier in 2024.
The significant drop in NuScale Power's stock price is attributed to a broader market trend affecting growth and AI stocks. This suggests that the decline is not due to company-specific issues but rather market conditions, which could impact investor sentiment negatively in the short term.
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