Dollar General, Temu Parent PDD And Super Micro Computer Are Among Top 10 Large Cap Losers Last Week (Aug 25-Aug 31): Are The Others In Your Portfolio?

Zinger Key Points
  • Dollar General stock fell 32.42% on worse-than-expected Q2 earnings and lowering annual outlook.
  • Temu parent PDD fell 12.80% following Q2 financial results.

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

  1. Dollar General Corporation DG shares dipped 32.42% after the company reported worse-than-expected second-quarter earnings and sales and lowered its 2024 guidance. Many analysts cut the price target on the stock.
  2. Super Micro Computer, Inc.'s SMCI stock dived 20.21% after the company announced that it would delay filing its 10-K.
  3. Okta, Inc. OKTA stock fell 18.69% after its second-quarter financial results. Several analysts trimmed the company's price target.
  4. Pure Storage, Inc. PSTG stock tumbled 16.88% after it reported second-quarter financial results. Analysts cut the price target on the stock.
  5. Neurocrine Biosciences, Inc. NBIX stock decreased 15.66%. The company presented topline data for its Phase 2 clinical study of NBI-1117568 (NBI-‘568) in adults with schizophrenia.
  6. Symbotic Inc SYM stock fell 16.52% last week. Jim Cramer said, "The company is not the one you want to be in. It is too high, even after this comedown."
  7. Dollar Tree, Inc. DLTR shares declined 12.18% after Dollar General reported worse-than-expected earnings and lowered its 2024 guidance.
  8. Temu parent PDD Holdings Inc. PDD stock fell 12.80% in the last week following Q2 financial results, in which the CEO highlighted challenges for the rest of the year.
  9. Coinbase Global, Inc. COIN shares declined 7.71%.
  10. MicroStrategy Incorporated MSTR stock fell 9.76%.

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