With the earnings season in full swing, these ten large-cap stocks were the worst performers last week. Are they in your portfolio?
- LKQ Corporation (NASDAQ:LKQ) stock tumbled 12.3% after the company reported a Q1 earnings miss and cut its FY24 outlook.
- MSCI Inc. (NYSE:MSCI) shares fell 9.8% following its mixed first-quarter results. Several analysts cut their forecasts on the stock.
- Textron Inc. (NYSE:TXT) shares plunged 9.5% after it reported worse-than-expected Q1 financial results.
- New Oriental Education & Technology Group, Inc. (NYSE:EDU) shares dipped 9.4% following a third-quarter EPS miss.
- Bristol-Myers Squibb Company (NYSE:BMY) stock was down 9.0% following Q1 earnings and a significant 2024 adjusted EPS guidance cut.
- Manhattan Associates, Inc. (NASDAQ:MANH) stock fell 8.8%.
- Reliance, Inc. (NYSE:RS) shares dipped 8.6% after it reported worse-than-expected Q1 financial results.
- Meta Platforms, Inc. (NASDAQ:META) shares fell 8.4% after it provided a weaker-than-expected revenue outlook. Several analysts cut the price target.
- Southwest Airlines Company (NYSE:LUV) was down 8.3% following worse-than-expected Q1 financial results. Some of the analysts cut their price target.
- Nucor Corporation (NYSE:NUE) declined 8.2% after reporting worse-than-expected quarterly financial results. Analysts trimmed their price target.
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