Roblox, First Solar, And League Enterprise Are Among Top 10 Large Cap Losers Last Week (Jan. 5-Jan. 9): Are the Others in Your Portfolio?
Nabaparna Bhattacharya 9 months ago
EquitiesLarge CapNewsMarketsMoversGeneral
A wave of analyst downgrades, outlook resets and company-specific headlines pushed last week's biggest large-cap losers lower, led by First Solar, Roblox, and Madrigal.
These ten large-cap stocks were the worst performers last week. Are they a part of your portfolio?
Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL) lost 11.57% this week.
First Solar, Inc. (NASDAQ:FSLR) lost 14.46% this week after Jefferies downgraded the stock from Buy to Hold and lowered its price target from $269 to $260.
CoStar Group, Inc. (NASDAQ:CSGP) fell 10.68% this week. Multiple analysts lowered their price forecast on the stock.
American International Group, Inc. (NYSE:AIG) decreased 10.05% this week after the company announced a planned leadership transition with CEO Peter Zaffino set to retire from role by mid-2026. Barclays analyst Alex Scott maintains American International with an Equal-Weight and lowers the price forecast from $88 to $81.
NRG Energy, Inc. (NYSE:NRG) slumped 8.93% this week. Company appoints Robert J. Gaudette as CEO effective April 30; President Lawrence Coben steps down immediately; Antonio Carrillo named board chair effective April 30.
Las Vegas Sands Corp. (NYSE:LVS) fell 9.57% this week.
Roblox Corporation (NYSE:RBLX) decreased 9.99% this week. Super League Enterprise Inc. (NASDAQ:SLE), which partners with Roblox, acquired marketing technology firm Let’s Bounce to strengthen measurable advertising inside gaming and UGC platforms. Wells Fargo analyst Ken Gawrelski lowers the price forecast from $141 to $107.
Astera Labs, Inc. (NASDAQ:ALAB) lost 12.18% this week.
Johnson Controls International (NYSE:JCI) slumped 9.88% this week. Barclays analyst Julian Mitchell maintains Johnson Controls with an Equal-Weight and raises the price forecast from $119 to $125.