NuScale Power Is Now Down 49% This Year: Is SMR Stock Dead Money or Due for a Bounce?

NuScale Power (NYSE:SMR) is down 49% year to date, trading around $7.18, placing it in the red alongside other small modular reactor developers. The article contrasts SMR’s performance with broader markets—SPDR S&P 500 ETF Trust (SPY) is up 14% YTD—and with peers: Oklo (NYSE:OKLO) is down 52% to about $34.65, while Centrus Energy (NYSEAMERICAN:LEU) is down 41% to about $143.98. The debate is framed as “dead money” versus a potential rebound, centered on financing and revenue timing. NuScale reported $75,000 in quarterly revenue in August, and later filed to sell an additional $750 million through an at-the-market offering.