Intel, Moderna And Dollar General Were Among Top 10 Large Cap Losers In August: Are The Others In Your Portfolio?

These ten large-cap stocks were the worst performers in August. Are they in your portfolio?

• Super Micro Computer, Inc. SMCI stock lost 34.89% in August. The company delayed filing its 10-K.
• Dollar General Corporation DG stock decreased 30.95%. The company posted worse-than-expected second-quarter earnings, and many analysts cut the price target on the stock.
• Snap Inc. SNAP stock dived 27.09%. The company posted a revenue miss for the second quarter, and analysts slashed the price target.
• Temu parent PDD Holdings Inc. PDD shares fell 24.81%. The company reported quarterly results, in which the CEO highlighted challenges for the rest of the year.
• Intel Corporation INTC stock plummeted 24.13% after the company reported weak results and a 15% headcount reduction plan.
• Tencent Music Entertainment Group TME stock declined 21.44%. It reported a second-quarter revenue miss and analysts lowered the price target.
• Gold Fields Limited GFI shares went down 18.99%. It disclosed the acquisition of Osisko Mining for $1.57 billion in cash.
• Charles River Laboratories International, Inc. CRL shares fell 18.57%. The company warned about softer demand trends from global biopharmaceutical clients in the quarterly result.
• Moderna, Inc. MRNA shares decreased 17.81%.
• Neurocrine Biosciences, Inc. NBIX stock dived 17.04%. It presented topline data for its Phase 2 clinical study of NBI-1117568 (NBI-‘568) in adults with schizophrenia.

Also Read:

• Affirm, Shopify And Starbucks Were Among Top 10 Large Cap Best Performers For August: Are The Others In Your Portfolio?

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