Why Aurora Innovation Inc. (AUR) Went Down On Friday?

We recently published a list of 10 Firms Suffer Amid Optimistic Market Environment. In this article, we are going to take a look at where Aurora Innovation Inc. (NASDAQ:AUR) stands against other firms that suffer amid optimistic market environment.

Wall Street’s main indices recovered losses on Friday, as investors repositioned portfolios while digesting the ongoing trade tensions between the world’s two largest economies.

After a battering this week, the Nasdaq finished the day up 2.06 percent; the S&P 500 rose 1.81 percent; and the Dow Jones grew 1.56 percent.

Ten companies, on the other hand, defied a wider market optimism, recording modest losses during the day. In this article, we have listed Friday’s worst performers and detailed the reasons behind their declines.

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

A closeup of a self-driving hardware unit inside the dashboard of a passenger vehicle.

Aurora Innovation Inc. (NASDAQ:AUR)

Aurora Innovation dropped its share prices by 3.13 percent on Friday to close at $6.19 apiece as investors repositioned portfolios ahead of the looming launch of its autonomous driving trucks and an investment firm’s conservative rating for the company.

On Thursday, Goldman Sachs gave AUR a price target of $6, lower than Thursday and Friday’s closing prices of $6.39 and $6.19, respectively.

The investment firm also assigned a Neutral rating for the stock, albeit a slight improvement from the Sell rating previously.

According to Goldman Sachs, the new rating reflected a shift in market focus from the ramp-up and economics of AV trucking to the feasibility of the technology itself, which Goldman Sachs believed was achievable.

Meanwhile, AUR recently received an “outperform” rating and a price target of $15 from Oppenheimer. The rating was based on AUR’s methodical and sustainable progress in the industry which it will face limited competition, further supported by its expected launch of driverless trucks this year.

Overall, AUR ranks 7th on our list of firms that suffer amid optimistic market environment. While we acknowledge the potential of AUR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AUR but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.