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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Figma And Lululemon Are Among Top 10 Large Cap Losers Last Week (September 1- September 5): Are The Others In Your Portfolio?

FIG Figma LULU (Organization) Nasdaq Broadcom
Figma's Sharp Drop Thursday

These ten large-cap stocks were the worst performers last week. Are they a part of your portfolio?

  1. Figma, Inc. (NYSE:FIG) stock lost 21.82% last week after the company reported mixed Q2 financial results. Also multiple analysts decreased the price forecasts on the stock.
  2. lululemon athletica inc. (NASDAQ:LULU) stock lost 17.99% this week after the company lowered FY25 guidance. Multiple analysts downgraded the stock.
  3. Marvell Technology, Inc. (NASDAQ:MRVL) stock fell 1.78% this week after competitor Broadcom (NASDAQ:AVGO) delivered strong quarterly earnings. Marvell seeks to challenge Broadcom's market dominance by concentrating on high-performance data center networking, custom AI silicon, and optical interconnects.
  4. Duolingo, Inc. (NASDAQ:DUOL) stock fell 15.2% this week.
  5. MP Materials Corp. (NYSE:MP) stock decreased 15.6% this week.
  6. AST SpaceMobile, Inc. (NASDAQ:ASTS) stock fell 12.69% this week.
  7. CoreWeave, Inc. (NASDAQ:CRWV) stock slumped 11,7% this week. The firm announced a definitive agreement to acquire OpenPipe Inc, a leading platform for training AI agents with reinforcement learning (RL).
  8. Circle Internet Group, Inc. (NYSE:CRCL) stock fell 12.9% this week. The stock is caught in a broader market downturn fueled by a rise in Treasury yields.
  9. Dutch Bros Inc. (NYSE:BROS) stock lost 9.97% this week.
  10. Amer Sports, Inc. (NYSE:AS) stock fell 9.53% this week.

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