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

We recently published a list of Tech Firms Dominate Monday’s 10 Worst Performers. In this article, we are going to take a look at where Aurora Innovation Inc. (NASDAQ:AUR) stands against other tech firms that dominate Monday’s worst performers.

Wall Street’s main indices kicked off the trading week in the green territory, albeit with minimal gains, as investors stayed on the sidelines while continuing to digest President Donald Trump’s temporary tax reprieve on technology companies.

The S&P 500 recorded the highest gain, up 0.79 percent, while the Dow Jones came second at 0.78 percent. The tech-heavy Nasdaq was also up by 0.64 percent.

Meanwhile, 10 companies, predominantly in the technology sector, bucked a broader market optimism, booking modest declines during the session. In this article, let us explore Monday’s 10 worst performers and the reasons behind their gains.

To come up with the list, we only considered the stocks with $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 for a third straight day on Monday, shedding 2.58 percent to finish at $6.03 apiece as investors repositioned portfolios ahead of the expected launch of its driverless trucks in Texas this month.

Further dampening the sentiment was an investment firm’s rating downgrade for the company last week.

On Thursday, Goldman Sachs gave AUR a price target of $6, which was 0.5 percent lower than the latter’s closing price on Monday.

Goldman Sachs also assigned a Neutral rating for the stock, albeit a slight improvement from the Sell rating previously.

According to the investment firm, 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 it 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 9th on our list of tech firms that dominate Monday’s worst performers. 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.