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© 2026 Benzinga | All Rights Reserved
August 18, 2024 1:06 PM 2 min read

Rivian, Chipotle Mexican And Sirius XM Are Among Top 10 Large Cap Losers Last Week (Aug 11-Aug 17): Are The Others In Your Portfolio?

by Lekha Gupta Benzinga Editor
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These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?

  1. Tencent Music Entertainment Group (NYSE:TME) shares dipped 18.18% after the company reported a second-quarter revenue miss. Several analysts cut the price target on the stock.
  2. Mobileye Global Inc. (NASDAQ:MBLY) stock fell 5.92% last week. RBC Capital lowered its price target on the stock from $34 to $24.
  3. Rivian Automotive Inc.’s (NASDAQ:RIVN) stock declined 5.37% after it reportedly halted production of the electric commercial van it makes for Amazon (NASDAQ:AMZN) due to a parts deficit in the latest supply chain chaos.
  4. Chipotle Mexican Grill, Inc. (NYSE:CMG) stock decreased 4.87% after the company announced that Chairman and CEO Brian Niccol would be leaving. Several analysts revised ratings and price targets on the stock.
  5. Lineage Inc (NASDAQ:LINE) stock lost 4.08% in the last week.
  6. Sirius XM Holdings Inc. (NASDAQ:SIRI) stock fell 3.85% last week after gaining earlier in the week on reports of Berkshire Hathaway (NYSE:BRK) increasing its stake in the company.
  7. Hershey Co (NYSE:HSY) stock lost 3.23% after Goldman Sachs issued a Sell rating and a price target of $185 on the stock.
  8. Baxter International Inc. (NYSE:BAX) shares were down 2.80% after the company announced a definitive agreement to divest its Vantive Kidney Care segment to Carlyle Group Inc. (NASDAQ:CG) for $3.8 billion.
  9. Broadridge Financial Solutions Inc (NYSE:BR) declined 2.76%.
  10. United Therapeutics Corporation (NASDAQ:UTHR) shares decreased 2.38%.

Also Read:

  • NVIDIA, Starbucks And Dell Are Among Top 10 Large Cap Gainers Last Week (Aug 11-Aug 17): Are The Others In Your Portfolio?

Photo courtesy Rivian

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Posted In:
Large CapNewsTop StoriesMoversTrading IdeasBriefsStories That Matterwhy it's moving
CMG Logo
CMGChipotle Mexican Grill Inc
$37.493.29%
Overview
RIVN Logo
RIVNRivian Automotive Inc
$16.77-5.44%
SIRI Logo
SIRISirius XM Holdings Inc
$21.05-1.11%
AMZN Logo
AMZNAmazon.com Inc
$199.200.21%
BAX Logo
BAXBaxter International Inc
$20.413.11%
BR Logo
BRBroadridge Financial Solutions Inc
$173.63-0.04%
CG Logo
CGThe Carlyle Group Inc
$54.30-0.35%
HSY Logo
HSYThe Hershey Co
$215.13-3.35%
LINE Logo
LINELineage Inc
$36.84-2.60%
MBLY Logo
MBLYMobileye Global Inc
$9.13-0.65%
TME Logo
TMETencent Music Entertainment Group
$15.70-4.04%
UTHR Logo
UTHRUnited Therapeutics Corp
$480.461.44%
CMG Logo
CMGChipotle Mexican Grill Inc
$37.493.29%
Overview
RIVN Logo
RIVNRivian Automotive Inc
$16.77-5.44%
SIRI Logo
SIRISirius XM Holdings Inc
$21.05-1.11%
AMZN Logo
AMZNAmazon.com Inc
$199.200.21%
BAX Logo
BAXBaxter International Inc
$20.413.11%
BR Logo
BRBroadridge Financial Solutions Inc
$173.63-0.04%
CG Logo
CGThe Carlyle Group Inc
$54.30-0.35%
HSY Logo
HSYThe Hershey Co
$215.13-3.35%
LINE Logo
LINELineage Inc
$36.84-2.60%
MBLY Logo
MBLYMobileye Global Inc
$9.13-0.65%
TME Logo
TMETencent Music Entertainment Group
$15.70-4.04%
UTHR Logo
UTHRUnited Therapeutics Corp
$480.461.44%
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