5 Top Stock Decliners for Thursday Still Wobbly on Inflation

Stocks traded mixed Thursday despite a string of better-than-forecast retail earnings.

Here are some companies that took a hit Thursday.

1. Cisco CSCO | Down 7.79%

Shares of Cisco  (CSCO) - Get Free Report fell Thursday after the telecom-equipment giant gave lower-than-expected guidance for the current quarter.

2. Alibaba BABA | Down 10.85%

Shares of Alibaba  (BABA) - Get Free Report tumbled Thursday after the China-based retailing giant posted softer-than-expected second quarter sales amid Beijing's broader crackdown on the tech sector.

3. Activision Blizzard ATVI | Down 3.63%

Shares of Activision Blizzard  (ATVI) - Get Free Report came under pressure Thursday after analysts at J.P. Morgan downgraded the video game maker to neutral from overweight and cut its share price target to $88 from $100

4. Petco WOOF | Down 11.41%

Shares of pet accessories retailer Petco  (WOOF) - Get Free Report slipped even after the company reported better-than-forecast earnings and revenue for its third quarter. Petco’s gross margin did narrow year over year.

5. Lucid Motors LCID | Down 15.30%

Shares of electric vehicle maker Lucid Motors  (LCID) - Get Free Report extended its slide for a second day in a row after reaching a lofty market value near $90 billion ahead of legacy automakers Ford  (F) - Get Free Report and General Motors  (GM) - Get Free Report.