These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio?
- 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.
- 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.
- 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.
- ASML Holding N.V. ASML shares were down 17.64% following soft Q3 guidance.
- Charles Schwab Corporation SCHW shares plummeted 17.07% after the company reported second-quarter 2024 results. Several analysts cut their estimates on the stock.
- Vistra Corp. VST stock was down 15.38%.
- Super Micro Computer Inc SMCI stock lost 15.24% last week amid reports President Biden is considering further China restrictions.
- Onto Innovation Inc. ONTO shares decreased 15.22%.
- 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.
- 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.
- 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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