Bloodbath on the Street: These 10 Stocks Crashed Hard

2. NuScale Power Corporation (NYSE:SMR)

NuScale Power dived by 10.59 percent on Wednesday to end at $38.66 apiece as investor sentiment was dampened by an investment company’s downgrade of its stock to “neutral” from “buy.”

In its market note, BTIG said its revision was based on NuScale Power Corporation’s (NYSE:SMR) limited visibility into orderbook growth, coupled with a stretched valuation following a sharp rally in its share price.

Year-to-date, NuScale Power Corporation (NYSE:SMR) already saw a 118.29-percent increase in its share prices, while the past year alone saw a 252.42-percent rally in its stock.

In recent news, NuScale Power Corporation (NYSE:SMR) joined forces with Paragon Energy Solutions to support the expansion of the nuclear industry.

Under the signed strategic agreement, Paragon Energy will supply NuScale Power Corporation (NYSE:SMR) with its CoreVision Neutron Monitoring System technology and its Highly Integrated Protection System (HIPS), which will then be incorporated into ENTRA1 Energy PlantsTM utilizing NuScale SMR technology.