Celsius And PayPal Were Among The 10 Biggest Large Cap Losers Last Week (June 9-June 15): Are These In Your Portfolio?

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Zinger Key Points
  • Celsius lost 15.22% in the last week after multiple analysts lowered their price forecasts on the stock.
  • PayPal fell 9% on rising competiton from Affirm.

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

  1. Celsius Holdings, Inc. CELH lost 15.22% last week after multiple analysts lowered their price forecasts for the stock.
  2. Gold Fields Limited GFI shares tumbled 12.59% after the company lowered its 2024 group production guidance due to the impact of weather events on the Salares Norte project.
  3. Paramount Global PARAA shares decreased 13.63% after it was announced that the proposed transaction with Skydance is not moving forward.
  4. Warner Bros. Discovery, Inc. WBD shares declined 11.71% after Liberty Global on Thursday announced intentions to acquire the company’s stake in Formula E.
  5. PayPal Holdings, Inc. PYPL shares fell 9.16% on news competitor Affirm’s payment products are expected to be available to Apple Pay users in the US later this year.
  6. Samsara Inc. IOT shares were down 7.66%.
  7. Orange SA ORAN stock lost 7.66% in the last week.
  8. Nutrien Ltd. NTR stock fell 7.14% after Piper Sandler maintained an Underweight rating and lowered its price target from $56 to $55.
  9. Mobileye Global Inc. MBLY shares fell 7.51%.
  10. Zoom Video Communications, Inc. ZM stock decreased 7.51%.
  11. MicroStrategy Incorporated MSTR shares declined 5.88% after the company announced a proposed private institutional offering of $500 million in convertible senior notes to acquire additional Bitcoin.

    Also Read: Apple And Broadcom Were Among 10 Large Cap Stocks With Biggest Gains In The Last Week (June 9-June 15, 2024): Are They In Your Portfolio?

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