Nike, Boston Scientific, And Sysco Are Among Top 10 Large Cap Losers Last Week (March 30-April 2): Are the Others in Your Portfolio?

U.S. stocks closed a shortened week with broad losses as markets observed the Good Friday holiday, trimming trading activity on Friday. Nike, Inc. (NYSE: NKE ) decreased 14.29% this week after the company reported third-quarter financial results. Also, the company issued fourth-quarter sales guidance below estimates. Multiple analysts lowered their price forecast on the stock. Texas Pacific Land Corporation (NYSE: TPL ) decreased 14.30% this week. Sysco Corporation (NYSE: SYY ) slumped 13.56% this week after the company announced it will acquire Jetro Restaurant Depot. Also, multiple analysts lowered their price forecast on the stock. Venture Global, ... Full story available on Benzinga.com