DraftKings, Abbott, And Applovin Are Among Top 10 Large Cap Losers Last Week (Jan. 19-Jan. 23): Are the Others in Your Portfolio?

Benzinga

01/25

These ten large-cap stocks were the worst performers last week. Are they a part of your portfolio? AeroVironment, Inc. (NASDAQ:AVAV) decreased 19.45% this week after the US government issued a stop ...

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Are they a part of your portfolio?\nAeroVironment, Inc. 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Are they a part of your portfolio?\nAeroVironment, Inc. 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Are they a part of your portfolio?\nAeroVironment, Inc. (NASDAQ:AVAV) decreased 19.45% this week after the US government issued a stop work order to AeroVironment on SCAR program.\nDraftKings Inc. (NASDAQ:DKNG) fell 14.4% this week. Sr. betting analyst Bill Speros posted on X that a judge allowed Massachusetts to block Kalshi from offering sports-related contracts in the state. He quoted the ruling saying the state can seek an injunction unless Kalshi holds the required sports-wagering license.\nWest Pharmaceutical Services, Inc. (NYSE:WST) slumped 13.27% this week.\nConstellation Energy Corporation (NASDAQ:CEG) decreased 10.38% this week. Wells Fargo analyst Shahriar Pourreza maintains an Overweight rating and lowers the price forecast from $478 to $460.\nApplovin Corporation (NASDAQ:APP) fell 14.68% this week after a CapitalWatch report raised concerns.\nWipro Limited (NYSE:WIT) decreased 8.37% this week. The company reported third-quarter financial results.\nAbbott Laboratories (NYSE:ABT) slumped 12.23% this week after the company reported wore-than-expected fourth-quarter sales results and issued first-quarter adjusted EPS guidance below estimates. Also, multiple analysts lowered their price forecast on the stock.\nFlutter Entertainment plc (NYSE:FLUT) fell 13.07% this week. Multiple analysts lowered their price forecast on the stock.\nShopify Inc. (NASDAQ:SHOP) decreased 13.51% this week.\nTalen Energy Corporation (NASDAQ:TLN) slumped 6.05% this week. Wells Fargo analyst Shahriar Pourreza maintains an Overweight rating, raising the price forecast from $445 to $506.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}