10 Big Names Crumbling Before 2026

Ten stocks have already lost their steam days before capping off the year, mirroring a mostly pessimistic and muted trading in the broader market.

On Wall Street, the Nasdaq dropped by 0.24 percent, the Dow Jones declined by 0.20 percent, and the S&P 500 fell by 0.14 percent.

Indices aside, we name the 10 worst-performing companies on Tuesday and detail the reasons behind their drop.

To come up with the list, we focused on the stocks with more than $300 million in market capitalization and 5 million shares in trading volume.

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10. ASP Isotopes Inc. (NASDAQ:ISP)

ASP Isotopes extended its losing streak to a third day on Tuesday, shedding 5.08 percent to close at $5.42 apiece as investors mirrored a key executive’s disposition of a significant stake in the company.

In a regulatory filing on Monday, ASP Isotopes Inc. (NASDAQ:ISP) said that its chief finance officer, Heather Kiessling, disposed of 80,000 shares at a weighted average price of $5.798 apiece on December 18.

The executive did not divulge the reason for the sale, which left her with a remaining 732,500 shares.

Further adding to the sentiment was the lack of fresh developments to boost buying.

In its latest announcement earlier this month, ASP Isotopes Inc. (NASDAQ:ISP) said that it successfully obtained all regulatory approval for its planned acquisition of Renergen Ltd. in an all-stock deal.

Under the agreement, ASP Isotopes Inc. (NASDAQ:ISP) would pay Renergen shareholders 0.09196 new ASP Isotopes shares for each unit they own.

Renergen is a public company engaged in the production of liquefied helium (LHe) and liquefied natural gas (LNG), and is funded by the United States government, given helium’s strategic significance.

The two parties believed that their merger would create a global leader in the production of critical and strategically important materials, including electronic gases such as helium, various fluorinated products, and isotopically enriched gases.

9. New Fortress Energy Inc. (NASDAQ:NFE)

New Fortress dropped for a second day on Tuesday, shedding 5.17 percent to close at $1.10 apiece amid lingering concerns over its financial standing, further dampened by a credit rating downgrade from S&P Global Ratings.

Earlier this month, New Fortress Energy Inc. (NASDAQ:NFE) announced that it has extended its forbearance agreement with holders of its new senior secured notes due 2029 from December 15, 2025 to January 9, 2026 ahead of the completion of its restructuring with its stakeholders.

Following the news, S&P Global Ratings lowered its credit rating for New Fortress Energy Inc. (NASDAQ:NFE) to ‘SD,’ as well as its senior secured term loan B due 2028 to ‘D’ from both CCC-.

An SD (Selective Default) rating means that New Fortress Energy Inc. (NASDAQ:NFE) has failed to meet its specific financial obligations but is expected to continue meeting its commitments, while a CCC means that a company is currently highly vulnerable to nonpayment.

“We believe the company will take the next several weeks during the forbearance period to negotiate with its other lenders on an amenable solution to restructure all debt across its capital structure. In our view, it’s highly likely that the outcome of these negotiations will either constitute a conventional default or a selective default under our criteria,” S&P Global Ratings said.

“We will reevaluate our ratings on NFE as significant developments related to the capital structure arise or upon the announcement of a more comprehensive debt-restructuring plan,” it added.

8. HIVE Digital Technologies Ltd. (NASDAQ:HIVE)

HIVE Digital extended its losing streak to a third day on Tuesday, shedding 5.17 percent to close at $2.57 apiece as investors took profits amid the lack of fresh catalysts to boost buying.

In recent news, HIVE Digital Technologies Ltd. (NASDAQ:HIVE) successfully listed on the Colombian Stock Exchange as part of its expansion plans, as it aims to offer more investors visibility and exposure to sustainable high-performance computing, Bitcoin mining, and next-generation AI infrastructure across the Americas.

“By joining this platform, HIVE becomes the first Bitcoin-and-AI infrastructure company to list in Colombia, reinforcing its position as a major renewable-powered data center operator in Latin America and complementing its long-standing listings in Canada, Germany, and on Nasdaq,” HIVE Digital Technologies Ltd. (NASDAQ:HIVE) said.

7. Rivian Automotive, Inc. (NASDAQ:RIVN)

Rivian Automotive extended its losing streak to a sixth straight session on Tuesday, shedding 5.22 percent to close at $19.59 apiece as investors mirrored its chief executive’s disposition of a significant stake in the company.

In a regulatory filing on Monday, Rivian Automotive, Inc. (NASDAQ:RIVN) said that its CEO, Robert Scaringe, unloaded 17,450 Class A common shares at a price of $21.4253 apiece.

The transaction left Scaringe with more than 1.15 million direct shares and 2.63 million indirect shares through a company and a trust.

Additionally, the drop was also driven by the lack of fresh catalysts to spark buying appetite.

Rivian Automotive, Inc. (NASDAQ:RIVN) is an American manufacturer of electric vehicles. For next year, the company is targeting to launch its R2 variant, an all-electric mid-size SUV designed for the adventurous.

For the full year 2025, the company is targeting to deliver between 41,500 and 43,500 vehicles.

In the third quarter alone, Rivian Automotive, Inc. (NASDAQ:RIVN) successfully delivered 13,201 vehicles, its highest delivery record so far.

6. Strive Asset Management, LLC (NASDAQ:ASST)

Strive Asset dropped for a third day on Tuesday, losing 5.35 percent to close at $0.7320 apiece as investors unloaded positions anew amid the lack of fresh leads to boost buying.

Tuesday marked Strive Asset Management, LLC’s (NASDAQ:ASST) 13th consecutive day of trading below the exchange’s minimum bid price requirement of $1.

The Nasdaq requires companies to maintain trading above the $1 bid price to continue trading their shares, or they could face a forced delisting on the exchange.

In other news, Strive Asset Management, LLC (NASDAQ:ASST) announced the increase of its annual dividend rate for preferred stockholders to 12.25 percent from 12 percent at present. The dividends will be paid in monthly installments beginning January 2026.

The first round of dividends, amounting to $1.0208 per share, is payable on Jan. 15, 2026 to all preferred shareholders as of Jan. 1, 2026 record.

“The increased dividend reflects Strive’s continued commitment to enhancing shareholder value while maintaining disciplined management of its capital structure,” Strive Asset Management, LLC (NASDAQ:ASST) said.

5. Array Technologies Inc. (NASDAQ:ARRY)

Array Technologies dropped for a second day on Tuesday, shedding 5.62 percent to close at $9.40 apiece as investors continued to take profits after the stock retested the $10 territory, while digesting the potential impact of the looming deadline on clean energy tax credits.

Array Technologies Inc. (NASDAQ:ARRY), a US-based firm engaged in designing and manufacturing solar tracking systems for large-scale solar power plants, is expected to be impacted indirectly by the Trump administration’s accelerated deadlines for solar tax credits.

Under the newly signed One Big Beautiful Bill Act, projects must have kicked off construction by July 4, 2026 and be placed in service by December 31, 2027 to still qualify for the credits; otherwise, they will lose the tax incentives altogether.

Last week, Array Technologies Inc. (NASDAQ:ARRY) soared to a new record high of $10.47 amid the Christmas holiday rush, but profit-taking persisted this week to pull its share price down to the $9 level anew.

Year-to-date, the stock was up by 55.63 percent.

4. Energy Fuels Inc. (NYSEAmerican:UUUU)

Energy Fuels dropped its share prices by 5.71 percent on Tuesday to close at $14.21 apiece as investors took early profits following the previous day’s jump, supported by its robust uranium production that exceeded its expectations.

In a statement on Monday, Energy Fuels Inc. (NYSEAmerican:UUUU) said that its Pinyon Plain Mine in Arizona and La Sal Complex in Utah produced a combined 1.6 million pounds of uranium in 2025, exceeding the higher range of its target.

Additionally, it plans to complete drilling in the Juniper Zone at the Pinyon Plain in 2026 to further delineate the ore body and potentially expand the mineable resource at the mine.

Further development work continues at its fully permitted and substantially developed Whirlwind, Energy Queen, and Nichols Ranch Mines for future mining.

For the fourth quarter of the year, Energy Fuels Inc. (NYSEAmerican:UUUU) is targeting to sell a total of 360,000 pounds of triuranium octoxide, higher by 50 percent than in the third quarter of the year.

Lastly, Energy Fuels Inc. (NYSEAmerican:UUUU) said that it has completed two new long-term uranium sales contracts with US nuclear power generating companies, adding to its triuranium octoxide between 2027 and 2032.

3. SES AI Corporation (NYSE:SES)

SES AI dropped its share prices for a third day on Tuesday, losing 6.28 percent to close at $1.79 apiece as investors continued to take profits from the recent Christmas rush.

Last Monday, SES AI Corporation (NYSE:SES) presented at the 5th annual Battery World, where it unveiled its latest version of Molecular Universe (MU-1.5) and details on its new features, trained on the Company’s proprietary molecular databases and domain knowledge.

In other news, SES AI Corporation (NYSE:SES) also announced plans to collaborate with Top Material to boost cell manufacturing capacity in Korea for drones and urban air mobility (UAM) applications, with a definitive agreement expected to be signed in the first quarter of 2026.

SES AI Corporation (NYSE:SES) said that the partnership aims to support a robust, secure, and cost-efficient battery supply chain for its drone customers, as well lay the foundation for compliance with the US National Defense Authorization Act.

“We have operated our Chungju, South Korea, facility since 2021 and have worked closely with Top Material on multiple programs over the past several years. They are a trusted and proven partner to help us as we continue to scale our manufacturing capacity to support growing demand across drones and advanced mobility applications,” said CEO Qichao Hu.

2. United States Antimony Corporation (NYSEAmerican:UAMY)

US Antimony extended its winning streak to a third straight day on Tuesday, shedding 7.66 percent to close at $5.18 apiece mainly due to continued profit-taking from last week’s surge.

Last week, the stock climbed back to the $6 territory before profit-taking persisted this week to fall back to the $5 level.

For next year, United States Antimony Corporation (NYSEAmerican:UAMY) posted an upbeat outlook for its business, saying that it expects it to be a “banner year.”

“We will not only have the expansion of Thompson Falls completed, and hopefully, in January, we’re on target,” US Antimony Corp. (NYSEAmerican:UAMY) Chairman Gary Evans said earlier.

US Antimony Corp. (NYSEAmerican:UAMY) is a company producing and selling antimony, zeolite, and other precious metals. It also operates the only antimony smelter in the US.

In the third quarter of the year, net loss attributable to shareholders expanded by 556 percent to $4.78 million from $729,384 in the same period last year.

Revenues increased by 238 percent to $8.7 million from $2.57 million year-on-year.

1. Eightco Holdings Inc. (NASDAQ:ORBS)

Eightco Holdings fell by 8.17 percent on Tuesday to close at $1.6850 apiece as investors resorted to profit-taking following the previous day’s surge, triggered by a $125 million share buyback plan.

In a statement on Monday, Eightco Holdings Inc. (NASDAQ:ORBS) said that the buyback reflects its strong vote of confidence in its strategy and an opportunity to create greater shareholder value.

“The Board and management team’s decision to authorize a share repurchase program sends a clear message about our confidence in Eightco’s strategy, execution, and long-term opportunity,” said Eightco Holdings Inc. (NASDAQ:ORBS) CEO Kevin O’Donnell.

”With disciplined capital allocation and a strong belief in the value and vision of the company, we are doubling down on our commitment to create meaningful, long-term value for shareholders as we continue to execute and scale,” he added.

Eightco Holdings Inc. (NASDAQ:ORBS) is a Worldcoin-focused treasury company, which is also investing in Ethereum tokens.

In September this year, it earned the backing of Ethereum-focused treasury firm BitMine Immersion Technologies following the latter’s $20 million investment.

While we acknowledge the potential of ORBS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ORBS and that has 100x upside potential, check out our report about the cheapest AI stock.

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