Last Week's Worst Performing Large-Cap Stocks
Shares of KE Holdings plummeted 15.38% after UBS downgraded the stock from "Buy" to "Neutral" and lowered its price target to $24.5.
Despite a brief surge following Google's announcement of an expanded partnership, Reddit's stock ultimately fell 9.76%.
Incyte's stock dived 8.75% after the company reported mixed results from its Phase 3 clinical trials of Povorcitinib. Several analysts downgraded the stock and lowered their price targets.
XPeng's shares dipped 8.13% after the company missed analysts' expectations for fourth-quarter adjusted EPS.
Nucor's stock decreased 7.63% after the company issued first-quarter adjusted EPS guidance below estimates.
Booz Allen's stock fell 7.22% despite announcing a strategic partnership with Shield AI to deliver AI-powered autonomous solutions for the U.S. government.
Futu's stock declined 7.01%, likely influenced by the People's Bank of China's decision to maintain its loan prime rates.
Micron's shares lost 6.02% after Rosenblatt lowered its price target from $250 to $200.
It's important to note that these are just a few of the many factors that can influence stock prices. Investors should always conduct their own research before making any investment decisions.