NuScale Power (SMR) fell 7% to $6.72, leaving it down 53% year to date and below the $7.07 level that marked its 52-week low. Oklo (OKLO) dropped 6% to $32.72 and Centrus Energy (LEU) slipped 4% to $137.09, while the Global X Uranium ETF (URA) fell 2% to $38.02 and the SPDR S&P 500 ETF (SPY) held flat, pointing to a sector-specific retreat. UBS downgraded NuScale to Sell, citing long construction timelines, limited firm customer commitments and expected cash burn. Oklo is developing its Aurora reactor, sized at up to 75 megawatts, with first power targeted for Idaho National Laboratory in late 2027 or early 2028, while Centrus is described as the only publicly traded, proven U.S. uranium enricher and already earns revenue. The article flags talks with the Tennessee Valley Authority and the planned six-module RoPower project in Romania as key items to watch for NuScale.
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