10 Stocks Battered by Bearish Outlooks

Ten firms ended Tuesday suffering a sell-off, as investor sentiment continues to be dampened by macroeconomic uncertainties and bearish outlooks from analysts and their management.

The stocks–three of which belong to the travel and tourism industry–registered losses following lower outlook guidance, taking into account the potential effects of President Donald Trump’s trade war with other countries.

The pessimistic sentiment mirrored the broader market decline, with the Dow Jones slashing another 1.14 percent during the day, the S&P dropping 0.76 percent, and the Nasdaq dipping 0.18 percent.

To come up with the list, we considered only the stocks with at least $2 billion in market capitalization and $5 million in trading volume.

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

10. Tractor Supply Co. (NASDAQ:TSCO)

Tractor Supply saw its share prices drop by 5.75 percent on Tuesday to close at $53.92 apiece as investors sold off positions to mitigate risks from the potential impact of the ongoing trade war on its business.

The company, which sells a range of products from pet supplies to home improvement, stands to hurt from expected price increases and supply chain disruption as a result of the ongoing trade war.

Other retail giants have already signaled earlier that higher prices would likely result in rising prices of products and could significantly impact profit margins.

Despite uncertainties, an analyst from Piper Sandler on Tuesday gave TSCO an “overweight” rating with a consistent price target of $65, saying that the firm is expected to benefit from the robust demand for backyard chickens which is targeted to contribute between 1 and 1.5 percent in sales in the first semester of the year.

9. Clarivate Plc (NYSE:CLVT)

Clarivate dropped for a second straight day on Tuesday, losing 6 percent to end at $4.07 each as investors sold off positions amid the lack of fresh catalysts to boost buying appetite.

CLVT, a data and analytics company, has earned a generally pessimistic outlook from analysts.

Following its earnings results last month, nine analysts gave the company a consensus revenue target of $2.39 billion, representing a 6.5-percent decline from its full-year 2024 revenue.

The loss per share is expected to decrease in the future by 89 percent to $0.11 each.

Prior to its earnings outcome, analysts covering the company initially gave CLVT a revenue target of $2.55 billion and a loss per share of $0.054.