10 Companies Echo Friday’s Market Pessimism

Ten companies were hit hard on Friday as investors digested disappointing earnings performance and dismal outlook guidance for 2025.

The shares’ performance traded in line with Wall Street’s major indices, with the Dow Jones losing 0.99 percent, the S&P 500 falling 0.95 percent, and the tech-heavy Nasdaq diving 1.36 percent.

To come up with Friday’s worst performers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels

10. Dun & Bradstreet Holdings Inc. (NYSE:DNB)

Dun & Bradstreet dropped for a second day on Friday, losing 7.42 percent to close at $11.23 apiece as investors took profits following a surge in the previous day’s trading, fueled by reports that it was being targeted for acquisition by a fund management company for around $5.4 billion.

DNB, which has been exploring a sale since August 2024, was said to be nearing takeover by Veritas Capital Fund Management.

If successful, the takeover would mark the second time in seven years that the company has been acquired. In 2018, a group of investors led by CC Capital, Cannae Holdings, and Thomas H. Lee Partners, joined forces to take over DNB for a total value of $6.9 billion.

According to reports, DNB is also exploring other options, such as separating its finance and risk unit from the sales and marketing business.

Additionally, investors repositioned their portfolios ahead of DNB’s release of its earnings performance in the fourth quarter and full year of 2024.

9. Marvell Technology Inc. (NASDAQ:MRVL)

Shares of Marvell Technology declined by 7.23 percent on Friday to end at $110.62 apiece as investors resorted to profit-taking following a surge in its value on Thursday.

MRVL, a semiconductor company supplying products to Amazon, earned a boost from AMZN’s announcement that it would continue to spend billions of dollars in growing its Amazon Web Services unit, which means more spending on AI chips, network equipment, and data center infrastructure.

Late last year, MRVL and AMZN entered into a five-year agreement under which MRVL would supply AMZN with custom chips and other data center equipment.

MRVL can be partly owed to the success of AMZN’s AWS custom Trainium 2 AI chip, with AMZN announcing plans to compete with giant chipmaker Nvidia Corp. with its own chips and server offerings.