Moderna And Walgreens Boots Alliance Were Among The 10 Biggest Large Cap Losers Last Week (June 23 - June 29): Are These In Your Portfolio?
Author: Lekha Gupta | June 30, 2024 02:21pm
These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?
- Walgreens Boots Alliance, Inc. (NASDAQ:WBA) shares tumbled 24.12% after the company reported mixed Q3 earnings and lowered 2024 guidance below consensus estimates. Analysts cut the price forecasts on the stock.
- Floor & Decor Holdings, Inc. (NYSE:FND) shares lost 13.41%, possibly in reaction to worse-than-expected May Pending Home Sales economic data.
- Moderna, Inc. (NASDAQ:MRNA) shares fell 11.76% after the company’s RSV vaccine showed 50% efficacy.
- Birkenstock Holding Plc (NYSE:BIRK) stock declined 10.86% after the company announced an offering of up to 14 million ordinary shares by a selling shareholder.
- BeiGene, Ltd. (NASDAQ:BGNE) shares went down by 9.70% in the last week.
- Pool Corporation (NASDAQ:POOL) stock fell 9.19% after the company after the company cut its FY24 EPS guidance.
- JD.Com, Inc. (NASDAQ:JD) stock fell 8.89% after the U.S. unveiled rules to curb investments in Chinese technology.
- Ecopetrol (NYSE:EC) stock dived 8.02%
- International Paper Company (NYSE:IP) shares declined 7.98% after Suzano SA (NYSE:SUZ) said it would not pursue the acquisition transaction.
- Micron Technology Inc.’s (NASDAQ:MU) stock lost 7.62% last week following Q3 earnings and a Q4 outlook.
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Posted In: APTV BGNE BIRK EC FND IP JD MRNA MU POOL SUZ WBA
