Tesla, SoFi Technologies And Alcohol Stocks Were Among Top Large Cap Losers Last Week (Dec 30-Jan 3): Are The Others In Your Portfolio?

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Zinger Key Points

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

  1. Carvana Co. CVNA stock plummeted 20.93%. Short-seller Hindenburg Research‘s critical report intensified bearish sentiment, describing Carvana’s turnaround as a “mirage.” 
  2. SoFi Technologies, Inc. SOFI shares declined 10.60% after Keefe, Bruyette & Woods downgraded the stock from Market Perform to Underperform.
  3. Yum China Holdings, Inc. YUMC shares fell 10.40%.
  4. Tesla, Inc. TSLA shares tumbled 9.62% after the company disclosed fourth-quarter production and delivery figures. Analysts revised the price forecast on the stock.
  5. Kinsale Capital Group, Inc. KNSL shares dipped 9.45% after JP Morgan cut its price forecast on the stock from $415 to $412.
  6. Brown Forman Inc BF shares decreased 8.20% last week after U.S. Surgeon General Murthy issued an advisory warning alcohol consumption could raise cancer risk.
  7. Trip.com Group Limited TCOM stock was down 7.47%. Citigroup raised its price forecast on the stock from $73 to $78.
  8. Fomento Economico Mexicano S.A.B. de C.V. FMX stock lost 7.47% last week after U.S. Surgeon General Murthy issued an advisory warning alcohol consumption could raise cancer risk.
  9. Aurora Innovation, Inc. AUR stock fell 9.47%.

Image via Tesla

Got Questions? Ask
Which automotive stocks could benefit from Tesla's decline?
How will short-selling firms react to Carvana's news?
What are the implications for alternative lending platforms after SoFi's downgrade?
Which entertainment companies might gain from Yum China's struggles?
How could Tesla's production issues impact EV manufacturers?
Will alcohol industry stocks face long-term impacts from health warnings?
What opportunities exist in health-focused beverage companies?
Could insurance firms see volatility from Kinsale's price cut?
What strategies should investors consider for travel stocks post Trip.com’s forecast change?
Are there emerging markets that could benefit from the alcohol advisory?
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