TSLA - Last Week's Worst-Performing Stocks: Are These 11 Large-Cap Stocks In Your Portfolio? | Benzinga
These seven large-cap stocks were the worst performers last week. Are they in your portfolio?
- Arm Holdings plc (NASDAQ:ARM) was the worst large-cap stock performer last week, plummeting 31.08%. The company fell alongside ASML Holding N.V. (NASDAQ:ASML), which reported worse-than-expected first-quarter FY24 results last week. Exane BNP Paribas analyst David O’Connor downgraded ARM from “Outperform” to “Neutral” with a $100 price target.
- MicroStrategy Inc’s (NASDAQ:MSTR) stock lost 20.07% last week. Most crypto stocks fell last week due to the volatility in Bitcoin (CRYPTO: BTC/USD) price.
- Coinbase Global Inc (NASDAQ:COIN) stock lost 15% last week due to weakness in Bitcoin’s (CRYPTO: BTC/USD) price. Economist and crypto skeptic Peter Schiff