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SMR Developer Holtec Just Cancelled Its IPO. Should NuScale Power and Oklo Investors Panic?

The Motley Fool·
SMR Developer Holtec Just Cancelled Its IPO. Should NuScale Power and Oklo Investors Panic?

Holtec International cancelled its planned $900 million IPO due to weakened market sentiment around AI data centers and nuclear energy. However, the company plans to reattempt the IPO within 3-6 months. Despite this setback, SMR stocks received offsetting positive news including EU funding for SMR developers and U.S. legislation favoring independent power sources like SMRs, which boosted both NuScale and Oklo shares by roughly 10%.

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