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Li Auto Was One Of The Worst-Performing Stocks Last Week: Are These 10 Large-Cap Stocks Losers In Your Portfolio? (May 12-May 18, 2024)

Lekha Gupta
May 19, 2024

These 10 large-cap stocks were the worst performers last week. Are they in your portfolio?

  1. NICE Ltd (NASDAQ:NICE) shares tumbled 15.60% after the company reported Q1 financial results and issued Q2 adjusted revenue guidance with its midpoint below estimates
  2. Petroleo Brasileiro S.A. (NYSE:PBR) shares plummeted 13.03% after Q1 sales missed consensus. Also, Brazil’s President Luiz Inacio Lula da Silva fired CEO Jean Paul Prates following a dispute over the dividends
  3. Comfort Systems USA, Inc. (NYSE:FIX) stock fell 8.37% in the last week.
  4. Li Auto Inc. (NASDAQ:LI) shares fell 7.64%, possibly in reaction to reports that Biden is preparing tariffs on the Chinese EV and solar sectors
  5. Martin Marietta Materials, Inc. (NYSE:MLM) shares fell 5.23%.
  6. Vulcan Materials Company (NYSE:VMC) share were down 4.89%.
  7. BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) shares declined 4.47% after it planned to cut 170 jobs.
  8. New Oriental Education & Technology Group, Inc. (NYSE:EDUshares fell 4.02% last week.
  9. Gold Fields Limited (NYSE:GFI) shares decreased 3.10% last week.
  10. Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) shares were down 2.90% after GDP data came in worse than expected.

Read Next: Last Week’s Worst-Performing Stocks: Are These 10 Large-Cap Stocks In Your Portfolio? (May 5-May 11, 2024)

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