Last week was rough for a bunch of big-name stocks. If you were holding shares in housing, nuclear energy, crypto mining, or commodity-linked companies, you probably felt the pain. A mix of earnings volatility, rising Treasury yields, geopolitical jitters, and a Bitcoin slide sent several large caps tumbling.
Here's a rundown of the ten worst-performing large-cap stocks from May 11 to May 15, and what drove their declines.
Ubiquiti Inc. (UI) dropped 14.62% after reporting worse-than-expected third-quarter financial results. The networking equipment maker missed analyst estimates, and investors punished the stock accordingly.
JBS N.V. (JBS) fell 17.05% after the company reported mixed first-quarter results. To make matters worse, Barclays lowered its price target on the stock from $23 to $21, adding to the selling pressure.
Korea Electric Power Corporation (KEP) decreased 11.92% for the week. The South Korean utility didn't have a specific catalyst, but broader weakness in emerging markets and rising yields likely contributed.
Rocket Companies, Inc. (RKT) slid 13.31% despite reporting better-than-expected first-quarter financial results. The mortgage lender's stock has been under pressure as rising interest rates continue to weigh on the housing market. Even good news couldn't lift the shares.
Oklo Inc. (OKLO) fell 12.83% after reporting first-quarter results. The nuclear energy company was caught in a broader sell-off of uranium and nuclear-related stocks. Rising Treasury yields and a stronger dollar tend to weigh on commodities, and inflation concerns tied to the Middle East conflict could keep interest rates elevated, making project financing more expensive.
AngloGold Ashanti (AU) slumped 16.41% last week. The gold miner's decline came despite gold prices holding relatively steady, suggesting company-specific or sector rotation factors were at play.
Carvana Co. (CVNA) decreased 13.65% for the week. BTIG analyst Marvin Fong maintained a Buy rating but slashed his price target from $485 to $97 — a massive cut that spooked investors. The used-car retailer has been volatile as the market reassesses its recovery prospects.
IREN Limited (IREN) fell 3.3% last week. The crypto mining company was dragged down as Bitcoin dropped below $80,000. Crypto-related stocks have been sensitive to Bitcoin's price swings, and last week was no exception.
Talen Energy Corporation (TLN) fell 14.13%. The energy company announced that its subsidiary TES refinanced and repriced two senior secured term loan facilities, extending maturities and lowering interest costs. The transactions, along with a recent note redemption, are expected to generate about $47 million in annual interest savings. But the market focused on the broader headwinds facing the sector.
Posco Holdings Inc. (PKX) slid 9.54% last week. Shares of U.S.-listed Korean companies were under pressure amid rebounding energy prices and the threat of a prolonged U.S.-Iran conflict. Additionally, a proposal from a presidential adviser on distributing tax revenue from AI productivity to the public added to the uncertainty.
So, are any of these stocks in your portfolio? If so, it was a tough week. But as always, volatility can create opportunities for those willing to look past the short-term noise.














