Several major companies with market caps over $10 billion have experienced significant declines over the past month, with retail and tech stocks leading the downturn. Here are the top 5 worst-performing stocks over the last 30 days:

  1. Dollar General Corp ($DG): The stock plunged -31.1%, as the discount retailer faces concerns over slowing consumer demand and increased competition.
  2. elf Beauty Inc ($ELF): Dropping -28.6%, the beauty company has seen a steep decline, with investors reacting to concerns over valuation and future growth prospects.
  3. Elastic NV ($ESTC): The cloud software company fell -27.9%, impacted by lower-than-expected earnings guidance and concerns about its growth trajectory in a competitive market.
  4. Yubico AB ($YUBCF): Shares of Yubico, a cybersecurity firm, dropped -27.0%, following weaker performance projections and broader sector sell-offs in tech.
  5. Dollar Tree Inc ($DLTR): Another discount retailer, Dollar Tree, has seen its stock tumble -25.8%, as similar pressures to Dollar General have affected its performance, including inflation and reduced consumer spending.

These stocks have faced a combination of macroeconomic challenges and sector-specific issues, contributing to their significant underperformance in the past month.

Data source