Electronic Arts, Rivian And Walgreens Are Among Top 13 Large Cap Losers Last Week (Jan 20-Jan 24): Are The Others In Your Portfolio?

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

1. FTAI Aviation Ltd. FTAI shares tumbled 26.18% after the company announced it may delay its FY24 10-K filing.
2. Electronic Arts Inc. EA stock dipped 17.57% after the company reported preliminary third-quarter results, including a slowdown in the Global Football franchise. Multiple analysts downgraded the stock.
3. First Solar, Inc. FSLR stock fell 11.86%, probably due to continued weakness following President Trump’s inauguration as investors assess the new administration’s pro-fossil fuel policies.
4. Rivian Automotive, Inc.’s RIVN stock fell 11.57%, probably due to continued weakness after President Donald Trump revoked Biden’s EV mandate.
5. Ericsson ERIC shares decreased 9.93% after the company reported worse-than-expected fourth-quarter financial results.
6. Astera Labs, Inc. ALAB stock fell 9.66% last week after Morgan Stanley downgraded it from Overweight to Equal-Weight while maintaining its $142 price forecast.
7. CF Industries Holdings, Inc. CF stock dived 9.41% after several analysts downgraded the stock.
8. Tetra Tech, Inc. TTEK shares declined 9.38%.
9. Expedia Group, Inc. EXPE shares declined 9.24%.
10. J.B. Hunt Transport Services, Inc. JBHT stock lost 8.72% last week. Raymond James analyst Patrick Tyler Brown maintained the stock with an Outperform rating but lowered the price forecast from $200 to $190.
11. Cheniere Energy, Inc. LNG shares were down 8.59%.
12. United Microelectronics Corp UMC stock lost 8.37% after the company reported worse-than-expected Q4 financial results and issued Q1 expectations for ASP to decline by mid-single digits. Citigroup downgraded the stock to sell.
13. Walgreens Boots Alliance, Inc. WBA stock fell 8.20% after the U.S. Justice Department filed a lawsuit against the company over opioid prescriptions.

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