These are the worst performing ASX 200 stocks in the last two days – Do any catch your attention?

Yesterday's bloodbath will be one for the record books – The S&P/ASX 200 fell 3.7%, marking the biggest one-day decline since 1 May 2020 and eighth largest since 2020.

Nothing was safe, with sectors including Technology (-6.6%), Financials (-4.9%) and Real Estate (-4.6%) leading to the downside.

The pain was even more pronounced towards the smaller end of the market. The S&P/ASX Small Ordinaries, which includes all companies in the S&P/ASX 300, excluding those in the S&P/ASX 100, fell 4.48% or the worst one-day drop since 23 March 2020.

Below, we'll be ranking the ASX 200 stocks that have experienced the largest two-day decline (Friday, 2 August to Monday, 5 August). Do any of these pique your interest?

(#1-3) Uranium stocks take the podium

Uranium stocks were the biggest losers over the two day stretch. This weakness has been compounded by a few other factors including:

• Kazakhstan’s national uranium producer – Kazatomprom – raised its full-year production guidance last Friday from 21,000-22,500 tonnes to 22,500-23,500 tonnes. This represents a 5.7% increase at the midpoint.

• For context, Kazatomprom is responsible for approximately 40% of global uranium output. The company downgraded its 2024 production guidance by 10% in early January, reflecting challenges in securing sulfuric acid to achieve its targeted production levels. Last week's update said the company had secured secure necessary volumes of sulphuric acid required for its 2024 production.

• Uranium is one of those sectors that are priced rather aggressively. When things are going fine – they tend to outperform (e.g. at the beginning of the year). But when things unravel – they tend to be hit the hardest.

• Uranium stocks are also heavily shorted. As of 30 July 2024, Deep Yellow was the 22nd most shorted stock on the ASX, with 5.87% short interest.

(#4-10) Growth stocks sold off

Growth stocks and resources experience significant downward pressure. Zip has emerged as one of the top performers in the ASX 200 over the past year. The company has successfully accelerated its growth in the US market while keeping bad debts in check.

Citi analysts noted last month, "Zip's US growth continues to be driven by greater engagement and usage by existing customers. This resulted in a 43% year-over-year increase in average spend per customer to US$302 in Q4 2024. This growth also helped maintain bad debts at 1.3%, below Zip's target range of 1.5% to 2.0%."

Burns treatment specialist Polynovo has also been making headway, reporting preliminary FY24 sales growth of 57.5% to $104.8 million last month.

But both growth stories couldn't escape the market's risk-off attitude.

(#11-20) A broad list of losers

This losers list continues to focus on growth, while starting to include some broader names such as Judo Capital (SME lending), Reliance Worldwide (plumbing and industrials), and Tabcorp (racing and sports betting).

(#21-30) Odd Lots

With most of the growth-heavy names out of the way, we are now beginning to approach stocks that are sensitive to the state of the economy. This includes ARB Corp (automotive accessories), Credit Corp (debt collection) and Qantas.