Ford, Stellantis And Dell Are Among Top 12 Large Cap Losers Last Week (July 21-July 27): Are The Others In Your Portfolio?
Portfolio Pulse from Lekha Gupta
The article highlights the top 12 large-cap stock losers from July 21 to July 27, including Ford, Stellantis, and Dell. Key reasons for the declines include earnings misses, lowered guidance, and broader market selloffs.
July 28, 2024 | 5:58 pm
News sentiment analysis
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NEGATIVE IMPACT
Dell Technologies shares were down 11.26% amid a broader tech selloff.
The decline is part of a broader market trend affecting tech stocks, with no specific company-related news mentioned.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Edwards Lifesciences shares plummeted 28.05% due to worse-than-expected Q2 sales results and weak Q3 guidance. The company also acquired JenaValve and Endotronix, and several analysts slashed their price forecasts.
The significant drop in share price is due to poor Q2 results and weak Q3 guidance, compounded by analyst downgrades.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Ford shares dived 19.12% following a Q2 EPS miss, with several analysts lowering their price targets.
The decline is driven by a Q2 EPS miss and subsequent analyst downgrades, indicating negative sentiment.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
LKQ Corporation shares fell 10.89% after reporting worse-than-expected Q2 earnings and lowering annual adjusted EPS outlook.
The decline is due to disappointing Q2 earnings and a lowered annual EPS outlook, impacting investor sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Mobileye Global stock fell 14.61% last week.
The stock's decline is part of a broader market trend, with no specific company-related news mentioned.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Super Micro Computer stock declined 11.68% amid a broader selloff in semiconductor stocks.
The decline is part of a broader market trend affecting semiconductor stocks, with no specific company-related news mentioned.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Stellantis stock lost 13.07% last week after reporting worse-than-expected first-half earnings.
The decline is due to worse-than-expected first-half earnings, impacting investor sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
STMicroelectronics shares declined 17.60% after a Q2 EPS miss and soft Q3 guidance.
The stock's decline is due to disappointing Q2 results and weak Q3 guidance, affecting investor confidence.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Teradyne stock decreased 16.25% following soft Q3 guidance.
The decline is attributed to the company's soft Q3 guidance, which likely disappointed investors.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
United Parcel Service lost 10.96% value following a Q2 earnings miss and cutting annual outlook.
The decline is due to a Q2 earnings miss and reduced annual outlook, affecting investor confidence.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Vertiv Holdings stock fell 12.04% following Q2 earnings.
The stock's decline is linked to the company's Q2 earnings, which likely did not meet investor expectations.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
West Pharmaceutical Services shares declined 11.37% after a Q2 earnings miss and cut guidance.
The decline is due to a Q2 earnings miss and reduced guidance, negatively impacting investor sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100