Intel, UnitedHealth And Rocket Lab Are Among Top 11 Large Cap Losers Last Week (Dec 2-Dec 6): Are The Others In Your Portfolio?

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Zinger Key Points

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

  1. Texas Pacific Land Corporation TPL stock tumbled 16.35%, probably due to OPEC's supply decision.
  2. Microchip Technology Incorporated MCHP shares plummeted 13.03% after the company announced it halted its application for U.S. semiconductor government grants and cut revenue guidance for the December 2024 quarter.
  3. Intel Corporation INTC shares dived 13.01% after the company announced the retirement of CEO Pat Gelsinger.
  4. KB Financial Group Inc KB stock declined 12.68%.
  5. Guidewire Software, Inc. GWRE stock dipped 12.48% after it reported first-quarter results. Analysts revised their price forecast on the stock.
  6. Toast, Inc. TOST stock fell 10.86%. It expanded its partnership with Uber Technologies, Inc. UBER to give restaurants more choices and provide guests additional delivery options. Several analysts downgraded the stock.
  7. UnitedHealth Group Incorporated UNH stock declined 9.93% following the fatal shooting of the insurance division's CEO Brian Thompson outside a Manhattan hotel where the company was hosting its annual investor conference.
  8. Old Dominion Freight Line, Inc. ODFL stock fell 9.83% last week due to the threat of new tariffs on Canada, which could impact several sectors, including transportation companies.
  9. Halliburton Company HAL stock lost 9.67% last week due to ongoing conflict in the Middle East affecting commodity prices.
  10. POSCO HOLDINGS INC. PKX shares decreased 9.67%, probably after South Korean President Yoon Suk Yeol declared martial law.
  11. Rocket Lab USA, Inc.'s RKLB stock dipped 9.53% last week due to profit-taking in the sector. The company also stated it would announce the launch window for its sixth synspective mission on December 18.

Image via Shutterstock

Got Questions? Ask
How will OPEC's decisions impact energy stocks?
Which semiconductor companies might be undervalued now?
What opportunities arise from Intel's leadership change?
How could KB Financial Group rebound from losses?
Will Guidewire's results lead to buying opportunities?
How can Uber's partnership with Toast affect their stocks?
What implications does UnitedHealth's CEO incident have for investors?
Which transportation companies are most vulnerable to tariffs?
How might Halliburton leverage Middle East conflicts?
What’s next for Rocket Lab after recent profit-taking?
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