It was a rough week for a pretty random assortment of big companies. From healthcare insurers to beauty retailers and media names, a bunch of large-cap stocks took it on the chin. If you're wondering what happened and whether any of these names are sitting in your portfolio, let's walk through the list of the week's biggest decliners.
Leading the pack was Fair Isaac Corporation (FICO), which plunged 21.59%. The credit score company announced a proposed offering of $1.0 billion in senior notes. Sometimes the market really doesn't like it when a company decides to borrow a billion dollars, I guess.
Next up was Centene Corporation (CNC), the health insurer, which fell 20.85%. Interestingly, the company actually reaffirmed its 2026 earnings guidance, saying it expects adjusted earnings above $3 per share. But that wasn't enough to please analysts at Mizuho, who maintained a Neutral rating but lowered their price target to $41. The market sided with the analysts on this one.
In the media world, Paramount Skydance Corporation (PSKY) slumped 15.4%. B of A Securities decided it wasn't as optimistic, lowering its price forecast on the stock from $13 to $11.
The beauty sector wasn't looking so pretty either. Ulta Beauty, Inc. (ULTA) shares decreased 16.04% after the company reported its fourth-quarter financial results. The real kicker for investors was the 2026 GAAP EPS guidance, where the midpoint came in below what analysts were expecting.
Over in aviation, FTAI Aviation Ltd. (FTAI) fell 12.55% for the week. The information and news giant Thomson Reuters Corp (TRI) wasn't spared either, slumping 13.97%. Axon Enterprise, Inc. (AXON), known for its Tasers and body cameras, fell 12.41%.
The web domain company GoDaddy Inc. (GDDY) decreased 12.88%. Piper Sandler analyst James Callahan assumed a Neutral rating on the stock and announced a price target of $93.
The precious metals sector also felt the heat. First Majestic Silver Corp. (AG) slumped 10.30%. Shares of precious metals companies traded lower amid declines for both gold and silver, paired with gains for the U.S. dollar. There's also a view that higher energy prices might limit how much central banks are willing to ease monetary policy, which in turn limits gold's appeal as a classic inflation hedge. Equinox Gold Corp. (EQX) followed the trend, falling 9.36%.
So there you have it—a week where earnings guidance, analyst opinions, financing decisions, and even the price of gold conspired to push a wide range of stocks lower. It's a good reminder that even for large, established companies, a single week can bring a surprising amount of drama.
