Salesforce And Celsius Were Among The 10 Biggest Large Cap Losers Last Week: Are These In Your Portfolio?

Author: Lekha Gupta | June 02, 2024 11:12am

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

1. MongoDB, Inc. (NASDAQ:MDB) shares tumbled 31.63% after the company issued weak Q2 and FY25 guidance. Analysts slashed the price target on the stock.
2. Nutanix, Inc. (NASDAQ:NTNX) shares tumbled 22.56% following Q3 FY24 results. Several analysts boost their forecasts on the stock.
3. DraftKings Inc. (NASDAQ:DKNG) shares decreased 14.82% after the Illinois Senate approved a 2025 budget that includes a sports betting tax hike.
4. Salesforce, Inc. (NYSE:CRM) shares plummeted 13.94% after the company issued weak guidance for the second quarter. Several analysts slashed their price targets.
5. Samsara Inc. (NYSE:IOT) shares declined 13.77%.
6. Celsius Holdings, Inc. (NASDAQ:CELH) shares dived 13.44% after recent Nielsen data showed a slowdown in sales growth.
7. Agilent Technologies, Inc. (NYSE:A) shares declined 13.36% following mixed Q2 earnings and weak guidance. Several analysts lowered the price target on the stock.
8. Snowflake Inc (NYSE:SNOW) stock lost 12.40% in value last week amid the circulation of a HudsonRock report suggesting the company suffered a breach. The stock also fell on pin action from Salesforce’s weak guidance.
9. ServiceNow, Inc.’s (NYSE:NOW) shares declined 12.04%, possibly on pin action due to weak guidance from Salesforce.
10. Hormel Foods Corporation (NYSE:HRL) shares were down 11.33% following Q2 earnings.

Also Read: NIO And Best Buy Were Among 10 Stocks That Shined The Brightest Last Week: Are They In Your Portfolio?

Photo via Company

Posted In: A CELH CRM DG DKNG HRL IOT MDB NOW NTNX RM SNOW