AMD And Domino's Pizza Were Among 11 Worst Performers In Large Cap Space Last Week (July 14- July 20) - Are The Others In Your Portfolio?

Author: Lekha Gupta | July 21, 2024 11:38am

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

1. LPL Financial Holdings Inc. (NASDAQ:LPLA) shares tumbled 20.16%. The company announced that financial advisor Alex Williams, CFP, has joined its broker-dealer, RIA, and custodial platforms to launch a new independent practice, Stable Wealth.
2. Advanced Micro Devices (NASDAQ:AMD) stock decreased 17.82%. Shares of semiconductor and hardware stocks are trading lower amid a selloff in the sector, which has gained this year amid AI momentum.
3. Domino’s Pizza Inc (NYSE:DPZ) stock dived 17.78% after the company reported mixed Q2 results. Several analysts cut the price target on the stock.
4. ASML Holding N.V. (NASDAQ:ASML) shares were down 17.64% following soft Q3 guidance.
5. Charles Schwab Corporation (NYSE:SCHW) shares plummeted 17.07%  after the company reported second-quarter 2024 results. Several analysts cut their estimates on the stock.
6. Vistra Corp. (NYSE:VST) stock was down 15.38%.
7. Super Micro Computer Inc (NASDAQ:SMCI) stock lost 15.24% last week amid reports President Biden is considering further China restrictions.
8. Onto Innovation Inc. (NYSE:ONTO) shares decreased 15.22%.
9. Micron Technology Inc (NASDAQ:MU) stock fell 14.64% amid reports Biden is considering further China restrictions. The semiconductor sector was also down following soft Q3 guidance from ASML.
10. Lam Research Corp (NASDAQ:LRCX) stock declined 14.14% amid reports Biden is considering further China restrictions. The semiconductor sector was also down following soft Q3 guidance from ASML.
11. Applied Materials, Inc. (NASDAQ:AMAT) stock fell 14.01%. Shares of several semiconductor stocks are trading lower amid reports President Biden is considering further China restrictions and following Republican nominee Donald Trump’s comments regarding the China-Taiwan standoff in an interview.

Also Read:

• Warner Bros. Discovery & Coinbase Are Among 10 Large Cap Stocks That Shined Most Last Week (July 14-July 20): Are The Others In Your Portfolio?

Photo courtesy of AMD

Posted In: AMAT AMD ASML CDNS CEG DPZ LPLA LRCX MU ONTO SCHW SMCI VST