Li Auto Was One Of The Worst-Performing Stocks Last Week: Are These 10 Large-Cap Stocks Losers In Your Portfolio? (May 12-May 18, 2024) – Li Auto (NASDAQ:LI)

Last week, 10 large-cap stocks saw significant declines in their share prices, raising concerns for investors. NICE Ltd (NICE) shares dropped by 15.60% after reporting Q1 financial results and issuing Q2 revenue guidance below expectations. Petroleo Brasileiro S.A. (PBR) shares fell by 13.03% due to missed Q1 sales and the firing of CEO Jean Paul Prates by Brazil’s President. Comfort Systems USA, Inc. (FIX) stock also saw a decline of 8.37% in the past week.

Li Auto Inc. (LI) shares fell by 7.64% amid reports of potential tariffs on the Chinese EV and solar sectors by the Biden administration. Martin Marietta Materials, Inc. (MLM) and Vulcan Materials Company (VMC) both experienced drops of 5.23% and 4.89% respectively. BioMarin Pharmaceutical Inc. (BMRN) announced plans to cut 170 jobs, leading to a 4.47% decline in its shares.

New Oriental Education & Technology Group, Inc. (EDU) saw a 4.02% decrease in its shares, while Gold Fields Limited (GFI) and Mitsubishi UFJ Financial Group, Inc. (MUFG) experienced declines of 3.10% and 2.90% respectively.

DailyBubble believes that investors should closely monitor these stocks in their portfolios and consider potential risks associated with recent developments in the market. It is crucial to stay informed and make informed decisions to mitigate any potential losses.