Worst Performing Large-Cap Stocks After Kamala Harris' Election Loss
Despite exceeding third-quarter earnings expectations, Moderna's stock plummeted due to concerns over slowing vaccine demand. Several analysts downgraded their price forecasts for the company.
Honda's stock tumbled after the company reported a decline in first-half profits and lowered its annual profit forecast.
Akamai's shares fell after the company revised its FY24 guidance downwards.
Following worse-than-expected second-quarter results and a reduced FY25 net sales outlook, Advanced Drainage Systems' stock experienced a significant drop.
AstraZeneca's shares declined after a report surfaced suggesting senior executives in China were involved in insurance fraud.
Pinterest's stock fell after the company reported third-quarter results and several analysts lowered their price forecasts.
MercadoLibre's shares declined following the release of its third-quarter financial results.
First Solar's stock likely fell due to Donald Trump's presidential election victory. Investors may be concerned about Trump's policies regarding solar and renewable energy.
POSCO HOLDINGS INC.'s shares experienced a decline, though the specific reason remains unclear.