Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolios

Last Week's Worst-Performing Stocks: Are These 10 Large-Cap Stocks In Your Portfolio? (April 21-27, 2024)

Published 28/04/2024, 23:27
© Reuters.  Last Week's Worst-Performing Stocks: Are These 10 Large-Cap Stocks In Your Portfolio? (April 21-27, 2024)
LUV
-
NUE
-
BMY
-
TXT
-
RS
-
MANH
-
EDU
-
META
-
LKQ
-

Benzinga - by Lekha Gupta, Benzinga Editor.

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.
  • Photo: Shutterstock

    © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

    Read the original article on Benzinga

    Latest comments

    Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
    Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
    Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
    It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
    Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
    © 2007-2024 - Fusion Media Limited. All Rights Reserved.