Warner Bros, Airbnb And Monster Beverage Are Among Top 10 Large Cap Losers Last Week (Aug 4-Aug 10): Are The Others In Your Portfolio?
Author: Lekha Gupta | August 11, 2024 11:53am
These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?
- McKesson Corporation (NYSE:MCK) shares decreased 12.06% after reporting worse-than-expected first-quarter FY25 sales results. Analysts revised the company’s price targets.
- BIO-TECHNE Corp (NASDAQ:TECH) stock 11.71% value last week on worse-than-expected Q4 revenue results.
- Warner Bros. Discovery, Inc. (NASDAQ:WBD) stock declined 10.62% following weak second-quarter financial results. Several analysts updated their ratings and price targets on the stock.
- Charles River Laboratories International, Inc. (NYSE:CRL) shares dipped 10.41% on Q2 results and cut its FY24 adjusted outlook. Analysts lowered the price target on the stock.
- Sarepta Therapeutics Inc. (NASDAQ:SRPT) stock fell 9.33% on worse-than-expected Q2 sales results. The company issued FY25 net product revenue guidance below estimates, and several analysts cut their price forecasts for the stock.
- Monster Beverage Corporation (NASDAQ:MNST) stock plummeted 8.95% after the company reported Q2 financial results. Many analysts cut the price target.
- TopBuild Corp. (NYSE:BLD) stock dived 8.93% following worse-than-expected quarterly results. Several analysts lowered the price target on the company.
- Airbnb, Inc. (NASDAQ:ABNB) stock dived 7.01% after the company reported worse-than-expected quarterly EPS results and issued third-quarter revenue guidance below estimates. Many analysts slashed the price target and forecast on the stock.
- Advanced Drainage Systems, Inc. (NYSE:WMS) stock fell 6.94% following a quarterly earnings miss.
- SBA Communications Corp (NASDAQ:SBAC) stock fell 6.85% in the last week.
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Posted In: ABNB BLD CRL DELL MCK MNST OC SBAC SMCI SRPT TECH WBD WMS
