10 Big Names Investors Are Dumping

Ten stocks led the bloodbath on Wall Street on Thursday, as most investors went in a wait-and-see mode ahead of the US inflation data for August due on Friday, September 26.

The stocks mirrored a broader market pessimism, with Wall Street’s three major indices all finishing in the red. The tech-heavy Nasdaq and the S&P 500 both fell 0.50 percent, while the Dow Jones lost 0.38 percent.

In this article, we name the 10 companies that heavily bled in Thursday’s trading and detail the reasons behind their declines.

To come up with the list, we focused exclusively on stocks with a $2 billion market capitalization and 5 million shares in trading volume.

A market trader studying technical data. Photo by Tima Miroshnichenko on Pexels

10. Sable Offshore Corp. (NYSE:SOC)

Sable Offshore saw its share prices decline by 7.40 percent on Thursday to finish at $20.15 apiece as investors unloaded portfolios to mitigate risks from the company’s ongoing legal battles.

In separate announcements on the same day, various shareholder law firms urged affected investors who purchased shares of Sable Offshore Corp. (NYSE:SOC) between May 19 and June 3, 2025, to seek the role as lead plaintiff in a lawsuit before the deadline on Friday, September 26.

The case alleged that the firm disclosed false information in relation to its production off the coast of California.

Additionally, Sable Offshore Corp. (NYSE:SOC) is facing a legal battle filed by the Santa Barbara County on September 16 for attempting to restart the Santa Ynez Unit oil and gas operations.

In a statement, the company said that it was working with all state and federal agencies to restart the two lines.

“Concerning our legal and established pipeline’s right of way and the work conducted within previously disturbed soil, we have been and continue to work with the appropriate agencies to align interpretations in the handling of backfill soil during the repair and maintenance process,” Sable Offshore Corp. (NYSE:SOC) said.

9. Klaviyo Inc. (NYSE:KVYO)

Klaviyo dropped its share prices by 7.83 percent on Thursday to end at $32.50 as investors unloaded portfolios following its chief executive’s disposition of shares in the company.

In a regulatory filing, Klaviyo Inc. (NYSE:KVYO) said that its chief executive officer, Andrew Bialecki, sold $7.49 million of his shares in the company on Tuesday, September 23.

The transaction covered 211,358 shares at a price of $35.01 to $35.52 each and was executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 20, 2025.

Following the sale, Bialecki was left with only 29,805 direct shares in the company, but retains more than 8.59 million indirect shares.

In other news, Klaviyo Inc. (NYSE:KVYO) on Thursday introduced two AI-powered tools—Marketing Agent and Customer Agent—both built on its own data platform.

According to Klaviyo Inc. (NYSE:KVYO), Marketing Agent is a tool capable of automating campaign planning and execution, while Customer Agent can assist customers 24/7.