Top Losers Bluechip Nasdaq Stocks
Despite a bull run in the stock markets in particular seminconductor sector which has performed well, a number of stocks from the sector witnessed decline in the month of February. Top losers Nasdaq stocks lost between -11% to -23% in a month.
Majority of the Nasdaq100 stocks are bluechip scrips with high trading volumes. A number of these stocks witnessed market correction in their stock prices which led to sharp decline in their prices during the month.
The list comprises of top declining stocks in the multiple industry segment trading on Nasdaq in the US market.
Table: Top Loser Nasdaq in Feb
| Company | Symbol | Industry/Sector | 01-Feb | 29-Feb | Price Fall % |
|---|---|---|---|---|---|
| Charter Communications Inc | CHTR | Communication Services | 382.3 | 293.9 | -23% |
| Atlassian Corp | TEAM | Information Technology | 254.9 | 207.4 | -19% |
| Warner Bros Discovery Inc | WBD | Communication Services | 10.5 | 8.8 | -16% |
| Amgen Inc | AMGN | Health Care | 324.6 | 273.8 | -16% |
| Sirius XM Holdings Inc | SIRI | Communication Services | 5.2 | 4.4 | -15% |
| Xcel Energy Inc | XEL | Utilities | 61.1 | 52.7 | -14% |
| Biogen Inc | BIIB | Health Care | 247.8 | 217.0 | -12% |
| Adobe Inc | ADBE | Information Technology | 627.9 | 560.3 | -11% |