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FLR News4 articles
NuScale Power Gains Despite Revenue Collapse as Cash Position Strengthens
NuScale Power shares climbed 3.7% to $9.82 despite a 99.1% revenue drop, as investors focused on a $1.89B cash position and ongoing strategic progress.
Fluor Shares Slide on Q1 Profit Miss and Reduced 2026 EBITDA Forecast
Fluor reported Q1 adjusted EPS of $0.14, well below the $0.62 consensus, and cut its 2026 adjusted EBITDA guidance, sending shares down 7.6%.
X-Energy's IPO Surge Faces Reality Check Amid Nuclear Ambitions
X-Energy shares rose 33% from IPO price to $30.53, but fell from weekly highs. Kentucky utilities explore its Xe-100 reactor as the company tackles licensing and construction challenges.
Fluor Sells $150M NuScale Stake, Shares Surge on Heavy Volume
Fluor Corporation divested a $150 million stake in NuScale Power, dropping its ownership below 5%. NuScale shares closed up 10.8% on Friday with elevated trading volume.