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10 Worst Stocks in the Nasdaq on Monday: Tesla Disappoints

The worst-performing stocks in the Nasdaq on Monday included Tesla, Group, and eBay, among others.

Stocks were mixed Monday and pared losses after a new coronavirus strain in the U.K. prompted fresh lockdowns and travel restrictions and overshadowed the announcement that congressional leaders reached an agreement on a roughly $900 billion stimulus package.

The Dow at last check edged up 0.06% to 30,198, the S&P 500 fell 0.52% and the Nasdaq Composite declined 0.32%. The Dow was down as much as 424 points, or 1.4%, during Monday's session.

1. Tesla Inc. | Decreased -6.49%

Tesla Inc.  (TSLA) - Get Tesla Inc Report shares slumped lower heading into its S&P 500 debut Monday following a record year for the clean energy carmaker that has added more than half a trillion dollars to its market value.

Tesla will enter the S&P 500 as the benchmark's fifth-biggest stock, with a weighting of 1.69% and a market value of around $650 billion following Friday's record-high close of $695.00 per share. 

2. Group Ltd | Decreased -2.92% Group reported its third-quarter 2020 earnings earlier this month, posting a net income of $234 million compared to a net income of $121 million posted in the same period in 2019.

3. Ebay Inc. | Decreased -2.81%

In October, eBay  (EBAY) - Get eBay Inc. Report shares fell amid analyst comments after the online retailer offered weaker-than-expected fourth-quarter guidance after a strong third quarter.

Shares of the San Jose, Calif., company have climbed 35% year to date.

4. Adv Micro Devices | Decreased -2.80%

Earlier this month, it was reported Intel's  (INTC) - Get Intel Corporation Report next-gen desktop CPU line delivers meaningful improvements, but it still might not be anything that Advanced Micro Devices  (AMD) - Get Advanced Micro Devices, Inc. Report needs to sweat too much -- at least if recently-leaked benchmarks paint an accurate picture.

When running the popular Geekbench 5 benchmark in a test measuring single-core performance, an 8-core CPU based on Intel’s next-gen Rocket Lake-S platform, which is set to arrive in Q1 2021, ran neck-and-neck with AMD’s 8-core Ryzen 7 5800X. And it did so in spite of having a 3.4GHz base clock speed -- 400MHz slower than the 5800X.

5. Dexcom | Decreased -2.71%

In April, Dexcom  (DXCM) - Get DexCom, Inc. Report said it launched a new patient assistance program to aid current U.S. customers who have lost insurance due to the coronavirus pandemic.

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6. Xilinx Inc | Decreased -2.62%

In October, Xilinx Inc.  (XLNX) - Get Xilinx, Inc. Report shares surged the most in nearly a year following a report from the Wall Street Journal that the San Jose-based tech group could be bought by its chipmaking rival Advanced Micro Devices.

7. CDW Corp | Decreased -2.52%

In November, CDW Corp CDW a leading multi-brand technology solutions provider to business, government, education and healthcare customers said its Board of Directors has declared a quarterly cash dividend of $0.40 per common share that was paid on December 10 to all stockholders.

This amount represents a 5.3 % increase over last year’s dividend and approximately 25 % of the trailing-twelve-month Non-GAAP net income through September. 

8. Exelon Corp | Decreased -2.49%

Exelon  (EXC) - Get Exelon Corporation Report said in October that it was looking at separating its nonutility assets from the rest of the Chicago utility giant, a media report said.

The New York activist investor Corvex Management last week urged a separation for Exelon, saying that could help its share price reach $60.

9. Cintas Corp | Decreased -2.32%

Cintas Corp  (CTAS) - Get Cintas Corporation Report reported in September results for its fiscal 2021 first quarter ended August 31. Revenue for the first quarter of fiscal 2021 was $1.75 billion, a decrease of 3.6% from last year’s first quarter. 

Earnings per diluted share (EPS) were $2.78 in the first quarter of fiscal 2021, an increase of 19.8% from last year's first-quarter diluted EPS. 

10. Intel Corp | Decreased -2.32%

Shares of Intel  (INTC) - Get Intel Corporation Report dropped Friday after software giant Microsoft  (MSFT) - Get Microsoft Corporation Report said it is working on making its own processors use in its servers that run the company’s cloud services.

Shares of the Santa Clara, Calif., chipmaker fell 6.30% to $47.46 on Friday, while shares of Microsoft dipped 0.38% to $218.59.

Microsoft is working with UK-based semiconductor and design firm Arm Ltd. to produce a processor that will be used in its data centers, Bloomberg reported.

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