Dollar General, Temu Parent PDD And Super Micro Computer Are Among Top 10 Large Cap Losers Last Week (Aug 25-Aug 31): Are The Others In Your Portfolio?
Author: Lekha Gupta | September 02, 2024 09:55am
These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?
- Dollar General Corporation (NYSE:DG) shares dipped 32.42% after the company reported worse-than-expected second-quarter earnings and sales and lowered its 2024 guidance. Many analysts cut the price target on the stock.
- Super Micro Computer, Inc.'s (NASDAQ:SMCI) stock dived 20.21% after the company announced that it would delay filing its 10-K.
- Okta, Inc. (NASDAQ:OKTA) stock fell 18.69% after its second-quarter financial results. Several analysts trimmed the company's price target.
- Pure Storage, Inc. (NYSE:PSTG) stock tumbled 16.88% after it reported second-quarter financial results. Analysts cut the price target on the stock.
- Neurocrine Biosciences, Inc. (NASDAQ:NBIX) stock decreased 15.66%. The company presented topline data for its Phase 2 clinical study of NBI-1117568 (NBI-‘568) in adults with schizophrenia.
- Symbotic Inc (NASDAQ:SYM) stock fell 16.52% last week. Jim Cramer said, "The company is not the one you want to be in. It is too high, even after this comedown."
- Dollar Tree, Inc. (NASDAQ:DLTR) shares declined 12.18% after Dollar General reported worse-than-expected earnings and lowered its 2024 guidance.
- Temu parent PDD Holdings Inc. (NASDAQ:PDD) stock fell 12.80% in the last week following Q2 financial results, in which the CEO highlighted challenges for the rest of the year.
- Coinbase Global, Inc. (NASDAQ:COIN) shares declined 7.71%.
- MicroStrategy Incorporated (NASDAQ:MSTR) stock fell 9.76%.
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Posted In: COIN DG DLTR MSTR NBIX OKTA PDD PSTG SMCI SYM
