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Mobileye, Palantir Tech And Affirm Are Among Top Large Cap Losers Last Week (Jan 6-10): Are The Others In Your Portfolio?

Lekha Gupta
January 12, 2025

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

  1. Mobileye Global Inc. (NASDAQ:MBLY) shares declined 21.83% amid overall market weakness due to a rise in yields.
  2. Edison International (NYSE:EIX) stock fell 18.76%, probably due to wildfires in California.
  3. Constellation Brands, Inc. (NYSE:STZ) stock dipped 18.31% after the company reported worse-than-expected results and cut its FY25 adjusted EPS guidance and sales growth outlook.
  4. Pacific Gas & Electric Co. (NYSE:PCG) stock declined 14.19%, probably due to wildfires in California.
  5. ON Semiconductor Corporation (NASDAQ:ON) stock declined 12.59% after Truist Securities downgraded the stock from Buy to Hold and lowered its price forecast from $85 to $60.
  6. Affirm Holdings, Inc. (NASDAQ:AFRM) stock fell 11.52% amid overall market weakness, driven by a rise in yields.
  7. Coherent Corp. (NYSE:COHR) shares decreased 10.66%, probably due to overall market weakness following recent economic data and a rise in yields.
  8. Palantir Technologies Inc. (NASDAQ:PLTR) shares decreased 10.55%, probably due to overall market weakness.
  9. The Campbell’s Company (NASDAQ:CPB) stock lost 10.22% last week. Wells Fargo lowered the price forecast on the stock from $45 to $43 but maintained an equal-weight rating.

Photo via Affirm

Read next:

  • Walgreens Boots Alliance, Aurora Innovation And Delta Air Lines Are Among Top Large Cap Gainers Last Week (Jan 6-10): Are The Others In Your Portfolio?

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