Last Week's Worst-Performing Stocks: Are These 10 Large-Cap Stocks In Your Portfolio? (May 5-May 11, 2024)
These 10 large-cap stocks were the worst performers last week. Are they in your portfolio?
- EPAM Systems, Inc.
EPAM shares tumbled 24.6% after it lowered its FY24 revenue guidance. Several analysts trimmed the price target on the stock. - Shopify Inc.
SHOP shares declined 24.4% following first-quarter FY24 earnings. Many analysts revised the price targets on Shopify following the earnings announcement. - Roblox Corporation
RBLX shares plunged 20.5% after it issued weak guidance. Several analysts cut the price target on the stock. - Builders FirstSource, Inc.
BLDR shares are down 15.7% following first quarter earnings. Some analysts cut the price target on the stock. - Palantir Technologies Inc.
PLTR shares were down 15.5% following soft revenue guidance. Many analysts revised the price target on the stock. - Astera Labs, Inc. AALAB shares were down 13% after the company reported Q1 financial results.
- Suzano S.A.
SUZ shares decreased 13.98% following a report suggesting that it made an offer to acquire International Paper as well as weak first quarter FY24 results. - Telefonica Brasil S.A.
VIV shares fell 11.8% after the company reported Q1 financial results and analysts trimmed the price target. - Airbnb, Inc.
ABNB shares decreased 9.3% after the company reported Q1 financial results. Many analysts revised the price target. - Walt Disney Company
DIS shares are down 7.3% following a Q2 revenue miss. Several analysts cut the price target on the stock.
Also Read: These 10 Large Cap Stocks Shined Brightest Last Week (May 5-May 11, 2024): Are They In Your Portfolio?
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