5 Biggest Losers This Week

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1. Union Pacific Corporation (NYSE:UNP)

Number of Hedge Fund Holders: 65

Shares of Union Pacific Corporation (NYSE:UNP) slid nearly five percent this week after the railroad giant slashed its annual volume growth outlook amid a slowdown in intermodal demand and labor challenges.

Union Pacific Corporation (NYSE:UNP) now expects volume growth of around 3 percent for the full year, down from its previous growth projection between 4 – 5 percent.

Meanwhile, Susquehanna analyst Bascome Majors cut his price target for Union Pacific Corporation (NYSE:UNP) from $208 per share to $200 on Friday, October 21. The analyst was primarily moved by the company’s cautious commentary on inflationary challenges.

You can also take a peek at Cheap Dividend Stocks To Invest In and 13 Best Cybersecurity Stocks To Buy.

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