These 10 Stocks Defied Tuesday’s Bloodbath

5. Nuscale Power Corp. (NYSE:SMR)

Nuscale Power surged by 11.52 percent on Tuesday to close at $17.23 each as investors cheered news of improved sales last year.

In a statement, SMR said it ended with a 643-percent improvement in revenues in the fourth quarter of 2024 at $34.2 million versus $4.6 million in the same period a year earlier, despite net loss widening by 220 percent to $180.3 million from $56.4 million.

For the full year, revenues rose by 62 percent to $37 million from $22.8 million in 2023 while net loss expanded by 93 percent to $348.4 million from $180.1 million.

Looking ahead, SMR President and Chief Executive Officer John Hopkins said that the company is currently in talks with major technology and industrial companies, utilities, and government agencies for the supply of clean and emission-free energy.

“Whether for AI and the data economy or industrial applications, prospective customers are adamant that no resource is more important in the years ahead than 24/7 clean energy at scale,” he said.