Moderna, Tyson Foods And Adobe Are Among Top 10 Large Cap Stock Losers Last Week (Sep 8-Sep 14): Are The Others In Your Portfolio?

    Date:

    These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?

    1. Rentokil Initial plc RTO shares plummeted 19.65% after the company revised the guidance for the second half of FY24.
    2. Ally Financial Inc. ALLY stock dived 17.31% after the company’s CFO noted intensifying credit challenges among borrowers at a conference. Several analysts cut the price target on the stock.
    3. Moderna, Inc. MRNA shares dropped 11.26% after the company cut its R&D expenses by $1.1 billion by 2027 and projected 2025 sales below expectations. Many analysts lowered the price target.
    4. Humana Inc.’s HUM stock decreased 9.93%, probably after this week’s Trump-Harris debate.
    5. Tyson Foods, Inc. TSN stock was down 7.57%.
    6. KE Holdings Inc BEKE shares decreased 7.14%.
    7. Adobe ADBE shares lost 5.69% last week following Q3 earnings. Several analysts cut their price forecasts for the stock.
    8. Ryanair Holdings plc RYAAY shares fell 5.38%.
    9. JPMorgan Chase & Co JPM stock lost 5.05% last week after COO tempered analyst outlook.
    10. Devon Energy Corporation DVN fell 4.87% last week. A JP Morgan analyst maintained Devon Energy with an Overweight rating and lowered the price forecast from $64 to $51.

    Also Read:

    Photo by Lutsenko_Oleksandr on Shutterstock

    Market News and Data brought to you by Benzinga APIs

    Go Source

    Chart

    SignUp For Breaking Alerts

    New Graphic

    We respect your email privacy

    Share post:

    Popular

    More like this
    Related

    Options Market Expectations from the FOMC

    Finally, the long-awaited day arrives.  We seemingly have been...

    How to Get Started with the IBrokers Package

    Your Privacy When you visit any website it may use...

    FOMC May Spark Volatility Amidst Frail Seasonals: Sep. 18, 2024

    Investors are patiently awaiting this afternoon’s interest rate decision...

    The pecking order of 401(k) plan design: A bird’s eye view

    Establishing the optimal workplace retirement plan follows a pecking...