Big-Cap Losers: Tesla, Carnival, Lordstown, and More

1 min read
Source: Investor's Business Daily
Big-Cap Losers: Tesla, Carnival, Lordstown, and More
Photo: Investor's Business Daily
TL;DR Summary

Carnival, Tesla, CarMax, Etsy, and Illumina were the top five losers in the S&P 500 index on Monday, with Carnival experiencing the biggest drop of 7.6%. Tesla's stock fell 6.1% after being downgraded by Goldman Sachs to neutral, while China media reports suggested an upgraded Model 3 won't begin mass production until Q1 2024. CarMax, Etsy, and Illumina also saw significant drops in their stock prices.

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