Reddit, Grab And Autodesk Are Among Top 11 Large-Cap Losers Last Week (Nov 25-Nov 29): Are The Others In Your Portfolio?
Author: Lekha Gupta | December 01, 2024 10:33am
These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio?
- Symbotic Inc. (NASDAQ:SYM) shares tumbled 25.83% after the company cut its first-quarter FY25 revenue outlook and analysts cut the price forecast on the stock.
- Grab Holdings Limited (NASDAQ:GRAB) shares dipped 11.82% after analysts downgraded or cut the price forecast on the stock.
- Reddit, Inc. (NYSE:RDDT) stock declined 10.97%. The company said it is accelerating its global expansion, focusing on international markets such as India and Brazil to drive user growth and unlock advertising opportunities.
- Banco Bradesco (NYSE:BBD) shares dived 10.88%. JP Morgan analyst Domingos Falavina downgraded the company from Overweight to Neutral.
- H World Group Limited (NASDAQ:HTHT) stock plummeted 10.44% after the company reported worse-than-expected financial results.
- Vertiv Holdings, LLC (NYSE:VRT) stock decreased 9.82%.
- Itau Unibanco Banco Holding (NYSE:ITUB) shares fell 8.53%.
- Sabesp (NYSE:SBS) shares were down 8.40% last week.
- Dell Technologies Inc. (NYSE:DELL) shares fell 8.16% after the company reported third-quarter results, and several analysts revised their forecasts for the stock.
- Nutanix, Inc. (NASDAQ:NTNX) stock lost 7.98% last week after the company reported better-than-expected Q1 financial results. However, the company’s Q1 performance was offset by slowing ARR. Several analysts revised price forecasts on the stock.
- Autodesk Inc.’s (NASDAQ:ADSK) stock dipped 7.98% after it reported third-quarter financial results, and analysts revised their price target on the stock.
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Posted In: ADSK BBD DELL GRAB HTHT ITUB NTNX RDDT SBS SYM VRT