FMC, MercadoLibre And Other Big Stocks Moving Lower On Monday
Portfolio Pulse from Lisa Levin
Several US stocks recorded losses on Monday, despite the Dow Jones gaining around 100 points. The Aaron's Company, Inc. (AAN) shares dropped 12.2% after Loop Capital downgraded the stock from Buy to Hold. FMC Corporation (FMC) declined 11.3% after issuing weak revenue guidance. MercadoLibre, Inc. (MELI) dropped 6.7% after B of A Securities downgraded the stock from Buy to Neutral and lowered its price target.
July 10, 2023 | 5:35 pm
News sentiment analysis
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NEGATIVE IMPACT
The Aaron's Company, Inc. shares dropped 12.2% after Loop Capital downgraded the stock from Buy to Hold.
The downgrade from Loop Capital has negatively impacted investor sentiment, leading to a drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
FMC Corporation declined 11.3% after the company issued weak revenue guidance.
The weak revenue guidance issued by the company has negatively impacted investor sentiment, leading to a drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
MercadoLibre, Inc. dropped 6.7% after B of A Securities downgraded the stock from Buy to Neutral and lowered its price target.
The downgrade from B of A Securities and the lowered price target have negatively impacted investor sentiment, leading to a drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100