Super Micro Computer, Li Auto And Estee Lauder Are Among Top 10 Large Cap Losers Last Week (Oct 28-Nov 1): Are The Others In Your Portfolio?

Lekha Gupta

November 03, 2024

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

Super Micro Computer, Inc. (NASDAQ:SMCI) shares declined 44.89% following the resignation of its independent auditor, Ernst & Young. Argus Research downgraded the stock from Buy to Hold.
Estee Lauder Cos (NYSE:EL) stock dipped 23.69% after it reported first-quarter earnings, and several analysts lowered the price forecast on the stock.
Aptiv (NYSE:APTV) shares fell 18.67% following a third-quarter revenue miss.
SharkNinja (NYSE:SN) shares tumbled 18.48% after it reported third-quarter financial results.
Check Point Software (NASDAQ:CHKP) dipped 17.70% last week after reporting worse-than-expected sales results, and analysts revised the price forecast and rating.
Koninklijke Philips (NYSE:PHG) lost 16.36% after the company reported a Q3 earnings miss and revised annual outlook due to weak demand in China.
Monolithic Power Systems, Inc. (NASDAQ:MPWR) shares fell 15.75% after the company reported Q3 financial results.
CDW (NASDAQ:CDW) stock fell 13.19% last week. It reported weaker-than-expected third-quarter earnings amid weak hardware demand and customer delays.
Borr Drilling Ltd (NYSE:BORR) lost 13.19% on continued weakness following preliminary Q3 financial results. As of 31 December 2024, the company’s stock will also be voluntarily delisted from the Oslo Stock Exchange.
Li Auto Inc. (NASDAQ:LI) stock decreased 12.96% after the company reported quarterly results and October deliveries.

Also Read:

Reddit, Roblox And Garmin Are Among Top 10 Large Cap Gainers Last Week (Oct 28-Nov 1): Are The Others In Your Portfolio?

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