Tesla, SoFi Technologies And Alcohol Stocks Were Among Top Large Cap Losers Last Week (Dec 30-Jan 3): Are The Others In Your Portfolio? – Tesla (NASDAQ:TSLA), SoFi Techs (NASDAQ:SOFI)

Tesla, SoFi Technologies And Alcohol Stocks Were Among Top Large Cap Losers Last Week (Dec 30-Jan 3): Are The Others In Your Portfolio? - Tesla (NASDAQ:TSLA), SoFi Techs (NASDAQ:SOFI)
January 5, 2025

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

  1. Carvana Co. CVNA stock plummeted 20.93%. Short-seller Hindenburg Research‘s critical report intensified bearish sentiment, describing Carvana’s turnaround as a “mirage.” 
  2. SoFi Technologies, Inc. SOFI shares declined 10.60% after Keefe, Bruyette & Woods downgraded the stock from Market Perform to Underperform.
  3. Yum China Holdings, Inc. YUMC shares fell 10.40%.
  4. Tesla, Inc. TSLA shares tumbled 9.62% after the company disclosed fourth-quarter production and delivery figures. Analysts revised the price forecast on the stock.
  5. Kinsale Capital Group, Inc. KNSL shares dipped 9.45% after JP Morgan cut its price forecast on the stock from $415 to $412.
  6. Brown Forman Inc BF shares decreased 8.20% last week after U.S. Surgeon General Murthy issued an advisory warning alcohol consumption could raise cancer risk.
  7. Trip.com Group Limited TCOM stock was down 7.47%. Citigroup raised its price forecast on the stock from $73 to $78.
  8. Fomento Economico Mexicano S.A.B. de C.V. FMX stock lost 7.47% last week after U.S. Surgeon General Murthy issued an advisory warning alcohol consumption could raise cancer risk.
  9. Aurora Innovation, Inc. AUR stock fell 9.47%.

Image via Tesla

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