In the holiday-shortened week, these ten large-cap stocks were the worst performers. Are they a part of your portfolio?
- AppLovin Corporation (NASDAQ:APP) stock fell 14.68% last week, continuing its fall after a short-sell report issued by Culper Research.
- First Solar, Inc. (NASDAQ:FSLR) stock lost 13.6% last week amid a broader decline in solar stocks after the U.S. Senate Finance Committee unveiled its version of President Trump's tax bill, which slashed renewable energy incentives.
- James Hardie Industries plc (NYSE:JHX) stock declined 11.23%.
- BeOne Medicines Ltd. (NASDAQ:ONC) stock dipped 10.65% last week.
- GlaxoSmithKline plc (NYSE:GSK) stock dropped 10.4% last week.
- Accenture plc (NYSE:ACN) stock fell 10.3% amid a selloff following the company's Q3 financial results.
- Arista Networks, Inc. (NYSE:ANET) stock declined 9.94% amid a tech sector pullback driven by rising Middle East tensions between Israel and Iran.
- Li Auto Inc. (NASDAQ:LI) stock fell 9.91% amid China's suspension of trade-in subsidies for EVs and fuel-efficient cars in key urban markets.
- Corpay, Inc. (NYSE:CPAY) stock fell 9.64% last week amid pressure from Coinbase Global's (NASDAQ:COIN) announcement of its new stablecoin payments stack, which may impact Corpay's business outlook.
- Mastercard Incorporated (NYSE:MA) stock lowered 9.56% last week amid a broader selloff in credit card stocks following Coinbase's launch of its stablecoin payments infrastructure.
- Consumer Tech News (June 16-June 20): Fed Holds Rates, Trump Eyes Iran Moves, Apple Taps AI, Accenture Shifts Strategy
- AST SpaceMobile And Coinbase Global Are Among Top 10 Large Cap Gainers Last Week (June 16-20): Are The Others In Your Portfolio?
Photo via Shutterstock
