AMD And Domino's Pizza Were Among 11 Worst Performers In Large Cap Space Last Week (July 14- July 20) - Are The Others In Your Portfolio?

Zinger Key Points
  • Biden's comments on more restrictions on China and Donald Trumps's stance on China-Taiwan relationship hit semiconductor stocks last week.
  • Domino's Pizza stock dived 17.78% on mixed Q2 results. Several analysts cut price forecasts on the stock.

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

  1. LPL Financial Holdings Inc. LPLA shares tumbled 20.16%. The company announced that financial advisor Alex Williams, CFP, has joined its broker-dealer, RIA, and custodial platforms to launch a new independent practice, Stable Wealth.
  2. Advanced Micro Devices AMD stock decreased 17.82%. Shares of semiconductor and hardware stocks are trading lower amid a selloff in the sector, which has gained this year amid AI momentum.
  3. Domino’s Pizza Inc DPZ stock dived 17.78% after the company reported mixed Q2 results. Several analysts cut the price target on the stock.
  4. ASML Holding N.V. ASML shares were down 17.64% following soft Q3 guidance.
  5. Charles Schwab Corporation SCHW shares plummeted 17.07%  after the company reported second-quarter 2024 results. Several analysts cut their estimates on the stock.
  6. Vistra Corp. VST stock was down 15.38%.
  7. Super Micro Computer Inc SMCI stock lost 15.24% last week amid reports President Biden is considering further China restrictions.
  8. Onto Innovation Inc. ONTO shares decreased 15.22%.
  9. Micron Technology Inc MU stock fell 14.64% amid reports Biden is considering further China restrictions. The semiconductor sector was also down following soft Q3 guidance from ASML.
  10. Lam Research Corp LRCX stock declined 14.14% amid reports Biden is considering further China restrictions. The semiconductor sector was also down following soft Q3 guidance from ASML.
  11. Applied Materials, Inc. AMAT stock fell 14.01%. Shares of several semiconductor stocks are trading lower amid reports President Biden is considering further China restrictions and following Republican nominee Donald Trump’s comments regarding the China-Taiwan standoff in an interview.

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Photo courtesy of AMD

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