$SMR down over 90% from its ~$57 all-time high. Classic bubble-stock behavior. When you see that kind of drawdown, you're looking at either a complete narrative collapse or a sector that ran way too hot. Nuclear/SMR had its moment, capital got destroyed, and now it's trading like most hype cycles do after the music stops. Worth watching if you think the thesis comes back, but right now it's a cautionary tale, not a setup.