These 10 large-cap stocks were the worst performers last week. Are they in your portfolio?
- EPAM Systems, Inc. (NYSE:EPAM) shares tumbled 24.6% after it lowered its FY24 revenue guidance. Several analysts trimmed the price target on the stock.
- Shopify Inc. (NYSE:SHOP) shares declined 24.4% following first-quarter FY24 earnings. Many analysts revised the price targets on Shopify following the earnings announcement.
- Roblox Corporation (NYSE:RBLX) shares plunged 20.5% after it issued weak guidance. Several analysts cut the price target on the stock.
- Builders FirstSource, Inc. (NYSE:BLDR) shares are down 15.7% following first quarter earnings. Some analysts cut the price target on the stock.
- Palantir Technologies Inc. (NYSE:PLTR) shares were down 15.5% following soft revenue guidance. Many analysts revised the price target on the stock.
- Astera Labs, Inc. (NASDAQ:ALAB) shares were down 13% after the company reported Q1 financial results.
- Suzano S.A. (NYSE:SUZ) shares decreased 13.98% following a report suggesting that it made an offer to acquire International Paper as well as weak first quarter FY24 results.
- Telefonica Brasil S.A. (NYSE:VIV) shares fell 11.8% after the company reported Q1 financial results and analysts trimmed the price target.
- Airbnb, Inc. (NASDAQ:ABNB) shares decreased 9.3% after the company reported Q1 financial results. Many analysts revised the price target.
- Walt Disney Company (NYSE:DIS) shares are down 7.3% following a Q2 revenue miss. Several analysts cut the price target on the stock.
Also Read: Which Large Cap Stocks Are Winning Last Week: 10 Stocks To Watch
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