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?

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.
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.
Comfort Systems USA, Inc. (NYSE:FIX) stock fell 8.37% in the last week.
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.
Martin Marietta Materials, Inc. (NYSE:MLM) shares fell 5.23%.
Vulcan Materials Company (NYSE:VMC) share were down 4.89%.
BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) shares declined 4.47% after it planned to cut 170 jobs.
New Oriental Education & Technology Group, Inc. (NYSE:EDU) shares fell 4.02% last week.
Gold Fields Limited (NYSE:GFI) shares decreased 3.10% last week.
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)

Recommended

Trump to Unlock 15-Figure Fortune for America (May 3rd)? - Ad

Trump's plan to save the U.S. Dollar - Ad

Nvidia Is About to Shock the World: July 23rd - Ad

WASHINGTON (AP) — Just days after to acting IRS commissioner, the whistleblower who testified publicly about investigations into Hunter Biden’s taxes is out of the job, according to three people familiar with the decision.

Rep. Marjorie Taylor Greene bought stocks hit hard by Trump tariffs during the market meltdown

NEW YORK (AP) — Give Marjorie Taylor Greene credit where it’s due: As stocks tanked on tariff fears, she showed her faith in the president not just with words but dollar bills.

Elon's Greatest Invention... Hidden in South Memphis?

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Prince Harry appeals the loss of his UK security detail

LONDON (AP) — wants his British security detail restored and is taking his case to an appeals court.

Here's a look at recent aircraft tragedies, mishaps and close calls

The killed all six on board — a physician couple and their accomplished children and partners — during a family trip to the Catskills.

The Big Texas Party No One Is Talking About...

The Big Texas Party No One Is Talking About... - Ad

Hundreds gathered to privately celebrate deep in Texas' brush country -- locals, state officials, energy insiders, a former U.S. Secretary of Energy, even George W. Bush. Why? Opportunity and MONEY. Not from oil or natural gas ... but an energy-packed METAL that's set to unleash a massive, new third wave of Texas energy wealth.

Trump meets with the House GOP as his 'big' bill of tax breaks and spending cuts teeters

WASHINGTON (AP) — found himself in a familiar jam on Tuesday: Conservative Republican holdouts are stalling action on "big” bill of tax breaks and spending reductions, refusing to accept approved over the weekend because it doesn't cut enough.

Crypto Attorney Sues US Government To Unmask Satoshi Nakamoto, Creator Of Bitcoin

In another interesting twist in the Satoshi Nakamoto saga, cryptocurrency lawyer James Murphy sued the U.S. government in an attempt to determine the identity of the pseudonymous Bitcoin (CRYPTO: BTC) creator.

The Most Important "AI Stock" You've Never Heard Of

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Trump hits the golf course as stock market continues to slide from his tariff plans

WEST PALM BEACH, Fla. (AP) — Two days after sending the global economy reeling by on foreign imports, President insisted his trade policies will “NEVER CHANGE” as he remained ensconced in a bubble of wealth and power in Florida.

Mark Cuban Gets Real About What It Takes To Get Rich: 'Even When I Was Dead Broke Sleeping on the Floor, I Was Having Fun'

Billionaire and Dallas Mavericks owner Mark Cuban once shed light on the common misconceptions about super-rich individuals and the impact of wealth on personal relationships.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs!

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Texas Instruments Launches Advanced Auto Chips To Cut Costs And Boost Self-Driving Capabilities

Texas Instruments introduces new automotive chips to enhance vehicle safety and autonomous features. Stock down 19% YTD due to geopolitical tensions.

US egg giant Cal-Maine says government is investigating price increases

Shares of Cal-Maine Foods, the largest U.S. egg producer, fell in after-hours trading Tuesday after the company acknowledged it is being investigated by the antitrust division of the U.S. Department of Justice.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire"

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

Scholarships for child care are drying up. Now families are paying the price

PHOENIX (AP) — For parents who need to work but can't afford the steep , federally funded scholarships can be a lifeline. Delivered through state child care assistance programs, the scholarships can mean the difference between a parent working full time — or not at all.

Greenback On The Brink: The Dollar ETFs Everyone's Watching

ETFs tracking US dollar gaining attention as currency faces pressure amid trade tensions and weak economy.

Elon's Biggest Secret Could Save Your Retirement

Elon's Biggest Secret Could Save Your Retirement - Ad

From a near-fatal car crash to surviving deadly malaria, Musk's fearless drive built Tesla, SpaceX, and Starlink. Now, he's warning America--and smart investors are listening. Discover the Trump IRS Loophole to protect your IRA & 401(k).

Trump advisers say 50-plus countries have reached out for tariff talks with White House

FORT LAUDERDALE, Fla. (AP) — Top administration officials said Sunday that more than targeted by President Donald Trump's have reached out to begin negotiations over the sweeping import taxes that have sent , raised fears of a recession and upended the .

Ripple's Crypto Warning, Circle's IPO Ambitions, And Bitcoin's Anticipated Surge: This Week In Crypto

The weekend saw major developments in the cryptocurrency world, including Ripple's concerns over the UK's crypto regulations, Circle's plans for a $5 billion IPO, Anthony Pompliano's praise for Trump's tariffs as a catalyst for crypto, and expectations of a Bitcoin price surge following potential monetary easing by the Fed.

Brace Yourself for Jeff Bezos' "Amazon Helios"

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

FDA Approves Dexcom's 15-Day Wearable Glucose Management System. Company Plans US Launch

Dexcom G7 15-Day CGM approved by FDA for adults with diabetes; U.S. launch set for late 2025 with extended wear and advanced tracking features.

Cathie Wood Loads Up On $18.2 Million Worth Of Nvidia Stock, Adds $5.8 Million Worth Of Amazon Shares To Her Shopping Cart Amid Trump Tariff Upheaval

Cathie Wood's Ark Invest made bold moves Tuesday, buying millions worth of Amazon, NVIDIA, Tempus AI, and Coinbase shares across its ETFs.

Elon Musk Drops Stunning Bombshell?

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

Dan Ives Cuts Tesla Target To $315, Slashes Apple By 23% Amid Tariff Fallout, Warns Elon Musk-Led EV Maker Faces 'Darker Days' Ahead

Wedbush Securities analyst Dan Ives has lowered his Tesla Inc. price target to $315 from $550 while maintaining an "outperform" rating, citing growing concerns about the electric vehicle maker's brand perception and softening demand.

Will the tariffs lead to a recession? Here's how to know if we're in one

WASHINGTON (AP) — President Donald Trump's last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists' worries that the U.S. could tip into recession.

Putting Your Name on This List Could Hand You $1,270 on Friday

Putting Your Name on This List Could Hand You $1,270 on Friday - Ad

URGENT: On Tuesday, a simple set of instructions will be sent out to an elite group of investors. The folks in this group will have the opportunity to place a 10-minute trade that could double their money by Friday. Consider this your invitation to join them. The next trade is just days away.

What's Going On With Starwood Property Trust Stock On Friday?

Starwood Property Trust affiliate Starwood Capital acquires $800M Texas housing portfolio from Hines.

Trump considers pausing his auto tariffs as the world economy endures whiplash

WASHINGTON (AP) — President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from on the sector, to give carmakers time to adjust their supply chains.

Maverick Trader Reveals 97% Accurate System

Maverick Trader Reveals 97% Accurate System - Ad

This man's simple strategy makes money in any market...With a 97% accuracy at hitting winners over the past 8 years!

Anthony Scaramucci Says 26 Years Ago Warren Buffett's Amazon Caution Cost Him Millions: Former Trump Official Sees Today's AI Hype As History Repeating

Anthony Scaramucci shared how Warren Buffett's caution in 1999 led him to miss out on millions in Amazon stock, and how he believes the current skepticism surrounding AI mirrors that same missed opportunity.

Bitcoin 11% Away From Falling Below Strategy's Average Buying Price, But Michael Saylor's Confidence In Apex Crypto Remains Intact

Strategy Inc. (NASDAQ:MSTR) risked incurring unrealized losses on its Bitcoin (CRYPTO: BTC) purchases, yet co-founder Michael Saylor remains bullish on the apex cryptocurrency.

New Study: 50 Stocks Will Crash While 7 MAGA Stocks Will Soar

New Study: 50 Stocks Will Crash While 7 MAGA Stocks Will Soar - Ad

If you own any of these stocks -- directly or through mutual funds -- I want to encourage you to sell them before April 30th. I've compiled all 50 companies in my "MAGA Blacklist" report. Your retirement could depend on seeing this list.

Stocks That Weathered Past Recessions: Expert Shares Picks That Withstood Every Downturn

Stock market expert Jon Erlichman recently shared a review of stock returns during the last six U.S. recessions, highlighting those that have performed well in difficult times.

China's exports jump 12.4% and imports fell as Trump pushed US tariffs higher

BANGKOK (AP) — China's exports jumped 12.4% in March from a year earlier as companies rushed to beat increases in U.S. tariffs imposed by U.S. President Donald Trump, the government said Monday.

No.1 Opportunity for 2025 [Take Action Now!]

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

Asian markets rally after Wall Street ends higher in the chaotic and historic week

HONG KONG (AP) — Asian markets rallied on Monday as tensions over trade eased slightly after U.S. President Donald Trump said electronics such as phones and laptops would not be subject to the same high import duties as some other products.

Last week's top performers: SMMT, HMY, AU, CVNA, HOOD, NEM, AVGO, GFI, KGC, CEG. Are they in your portfolio? #stockmarket #investing

Trump to Unlock 15-Figure Fortune for America (May 3rd)?

Trump to Unlock 15-Figure Fortune for America (May 3rd)? - Ad

This map looks ordinary--but according to insider Jim Rickards, it reveals a hidden government asset so massive . Trump may soon unlock it--learn how to position yourself before it's too late!

Michigan Democratic Gov. Whitmer strays from her party in moving closer to Trump

LANSING, Mich. (AP) — Michigan Gov. Gretchen Whitmer delivered a speech emphasizing points of agreement with President on economic policy, just hours before their scheduled meeting — a reflection of the high-profile Democrat’s more toward the president as her party ramps up its attacks on him.

Trending Now