10 Stocks Mirror Wall Street Downturn

Shares on Wall Street traded lower on Thursday, as investors moved to unload positions to mitigate risks from uncertainties brought about by key economic factors such as President Donald Trump’s continued tariff threats and policy shifts.

The Dow Jones dived by 1.01 percent, the S&P 500 declined 0.43 percent, while the tech-heavy Nasdaq lost 0.47 percent.

Ten companies also mirrored a broader market downturn, finishing the trading session in the red territory amid a flurry of catalysts dampening investor sentiment.

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

A technical stock market chart. Photo by Energepic from Pexels

10. Royal Caribbean Cruises Ltd. (NYSE:RCL)

Royal Caribbean Cruises Ltd. (NYSE:RCL) saw its share prices drop by 7.62 percent on Thursday to finish at $243.89 apiece as investors sold off positions following US President Donald Trump’s announcement that he would begin imposing taxes on cruise ship companies.

RCL’s share prices traded in line with its counterparts, namely Carnival Corp. (NYSE:CCL) and Norwegian Cruise Line Holdings (NYSE:NCLH), which both fell by 5.86 percent and 4.89 percent, respectively.

In an interview with Fox News, US Commerce Secretary Howard Lutnick announced that the three cruise ship operators, all operating under the flags of other countries, must start facing tax sanctions.

“This is going to end under Donald Trump, and those taxes are going to be paid,” he said.

Lutnick said revenues from the tariffs would support lower tax rates for Americans.

9. Teladoc Health, Inc. (NYSE:TDOC)

Shares of Teladoc Health, Inc. (NYSE:TDOC) fell 7.84 percent on Thursday to finish at $12.69 apiece as investor sentiment was dampened by news that it is being investigated by a shareholder law firm for potential securities law violations.

According to Block & Leviton LLP, it is underway with the investigation of TDOC following a report from Blue Orca Capital alleging the company has misled investors about its BetterHelp platform and financial reporting.

The report claimed that the platform used AI-generated responses in place of licensed therapists, without any disclosures to investors and patients.

The report also claimed that TDOC inflated profitability by shifting research and development expenses.

In other news, TDOC recently announced the acquisition of Catapult Health, a national preventive healthcare practice offering preventive checkups through VirtualCheckups, for $65 million.

TDOC said the acquisition was in line with its efforts to improve early detection of health conditions, expand into at-home diagnostic testing, and deliver better health outcomes in care management that would complement its industry-leading suite of integrated solutions.