Target, Alibaba And Temu Parent PDD Are Among Top 10 Large-Cap Losers Last Week (Nov 18-Nov 22): Are The

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

Target Corporation (NYSE:TGT) tumbled 17.83% after the company reported the third-quarter earnings miss, and analysts slashed the price target on the stock.
Temu parent PDD Holdings Inc. (NASDAQ:PDD) plummeted 12.22% after the company reported worse-than-expected financial results. Analysts cut the price forecast on the stock.
ZTO Express (NYSE:ZTO) stock fell 8.50% after the company reported third-quarter results and cut its FY24 guidance for parcel volume.
Tenet Healthcare Corporation (NYSE:THC) stock dipped 7.54% after Raymond James downgraded the stock from Strong Buy to Outperform.
Ulta Beauty, Inc. (NASDAQ:ULTA) fell 7.34% after Berkshire Hathaway cut its position in the stock.
Intuit Inc. (NASDAQ:INTU) declined 6.94% after the company reported second-quarter results. Several analysts revised the price forecasts on the stock.
Nokia Corporation NYSE: NOK) stock decreased 6.28%. The company secured a multi-year, multi-billion USD contract extension with Bharti Airtel in India.
Alibaba Group Holding Limited (NYSE:BABA) shares were down 6.16%. The company plans to issue U.S. dollars and Chinese yuan bonds to raise capital, repay existing debt, and support an ongoing stock buyback initiative.
Banco Santander (NYSE:SAN) stock dipped 5.60%.
Incyte Corporation (NASDAQ:INCY) stock declined 5.47% after the company announced that data from its Phase 2 study evaluating MRGPRX4 (INCB000547) in cholestatic does not support further development.