10 Big Names Get Slammed

Ten stocks kicked off the trading week with a lackluster performance, bucking a mostly optimistic broader market, as investors digested various factors, including profit-taking and portfolio repositioning ahead of more earnings results.

Among Wall Street indices, only the Dow Jones finished in the red, down by 0.04 percent. In contrast, the S&P 500 and the tech-heavy Nasdaq jumped 0.14 percent and 0.38 percent, respectively.

In this article, we name 10 of the biggest losers in the previous trading day and detail the reasons behind their drop.

To compile the list, we focused exclusively on stocks with at least $2 billion in market capitalization and over 5 million shares in trading volume.

An investor confidently checking stock market fluctuations on a laptop computer.

10. EQT Corp. (NYSE:EQT)

Energy company EQT Corp. saw its share prices drop by 9.55 percent on Monday to close at $53.54 apiece as investor sentiment was weighed down by the continuous drop in natural gas prices.

Based on data from Bloomberg, US natural gas futures were down by 0.03 percent $3.32/MMBtu, reversing some of last week’s gains due to higher supply and weak demand from the cooling weather.

Month-to-date, prices of natural gas prices are down by 3 percent, while year-to-date also marked a decline of 15.4 percent.

Last week, EQT Corp. (NYSE:EQT) announced that its Board of Directors approved the distribution of $0.1575 cash dividends to shareholders as of August 6. The dividends will be payable on September 2, 2025.

Additionally, EQT Corp. (NYSE:EQT) is set to announce the results of its second quarter earnings performance today, July 22, after market close. A conference call will follow on Wednesday, July 23, at 10 AM Eastern Time.

9. NuScale Power Corporation (NYSE:SMR)

NuScale Power snapped an eight-day winning streak on Monday, dropping 9.57 percent on Monday to close at $45.44 apiece as investors resorted to profit-taking to take advantage of the intra-day rally.

During the session, NuScale Power Corporation (NYSE:SMR) touched a new all-time high of $50.94, but investors turned sellers to pull the company’s price back to the $45 level.

The recent rally can be attributed to the continuous advancements in the artificial intelligence sector, thanks to strong backing from President Donald Trump.

NuScale Power Corporation (NYSE:SMR) is set to announce the results of its earnings performance for the second quarter of the year on August 8.

Investors will be closely watching for any cues of deals with companies following Trump’s signing of an executive order in May that aims to quadruple the nuclear power industry in the US to 400 GW by 2050.