NuScale Power Falls to $7.32, a New 52-Week Low, as Fraud Probe Lands
As seen on the 24/7 Wall St. homepage on October 8, 2026.
NuScale Power set a new 52-week low at $7.32, 3.6% under the prior floor from late July, the same day Pomerantz announced a fraud investigation into the company.
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NuScale Power touched $7.32 on October 8, a new 52-week low, in the same session Pomerantz announced a fraud investigation into the company. That adds legal uncertainty on top of an already punishing price trend.
Shares have shed the vast majority of their value from a peak above $45 earlier in the year. A new 52-week low at this stage signals sellers have not yet found a level they consider compelling enough to step in front of.
Fraud investigations of this kind typically create an overhang that is difficult to shake until there is a resolution or a formal dismissal. Holders now face the question of whether the case for small modular reactor technology outweighs the near-term reputational and legal risk.
The next meaningful signal to follow is any response from NuScale management to the Pomerantz announcement and whether other law firms join the investigation, which would indicate the legal exposure is broadening rather than contained.
Sources
Mentioned: SMR