10 Stocks that Fell Off the Cliff

5. NuScale Power Corporation (NYSE:SMR)

NuScale Power Corporation (NYSE:SMR) declined by 8.7 percent on Tuesday to end at $36.12 apiece, in line with the general market pessimism, as investors stayed on the sidelines ahead of developments in the macroeconomic environment.

In recent news, NuScale Power Corporation (NYSE:SMR) partnered with GSE Solutions for the development of a hydrogen fuel cell generation and storage plant simulation model to support the former’s hydrogen simulator project.

The initiative forms part of the broader research to provide clean water and efficient hydrogen production technologies.

Following the partnership, a single NuScale power module (NPM) coupled with a reverse osmosis desalination system is expected to yield 150 million gallons of clean water daily without generating carbon dioxide.

Twelve NPMs provide desalinated water for a city of 2.3 million residents and electricity for 400,000 homes.