AppLovin, First Solar And Li Auto Are Among Top 10 Large Cap Losers Last Week (June 16-20): Are The Others In Your Portfolio?

Benzinga · 4d ago
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.
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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.