NuScale Power's stock price dropped 5.06% during Tuesday's intraday trading session, reflecting significant investor concern about the company's competitive position.

The decline comes after analysts initiated coverage of X-Energy, a small modular reactor company backed by Amazon, hailing it as a "frontrunner" in the race against competitors including NuScale Power. This analysis suggests increased competitive pressure in the SMR market, which appears to have negatively impacted investor sentiment toward NuScale Power.