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Ten firms finished off the trading week in a bloodbath, mirroring a broader market sentiment that was dented anew by President Donald Trump’s new threat to slap the European Union with higher tariffs.

The Dow Jones dropped by 0.61 percent, the S&P 500 declined by 0.67 percent, and the tech-heavy Nasdaq fell by 1 percent.

Meanwhile, Friday’s worst-performing stocks shed losses due to a flurry of corporate developments, including weak outlook guidance and dismal earnings performance.

In this article, we name the 10 top losers and detail the reasons behind their drop.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume.

10. Strategy Incorporated (NASDAQ:MSTR)

Shares of Strategy Inc. dropped for a third straight day on Friday, shedding 7.5 percent on Friday to close at $369.51 apiece, after getting hit with a class action lawsuit for allegedly disclosing false information to the public.

In a regulatory filing, Strategy Incorporated (NASDAQ:MSTR) said it received a class action lawsuit against its executives on May 16, alleging that the company made false statements about its anticipated profitability, the various risks associated with Bitcoin volatility, and the magnitude of the losses.

However, it said that it intends to defend itself against the claims.

“At this time, we cannot predict the outcome, or provide a reasonable estimate or range of estimates of the possible outcome or loss, if any, in this matter,” it added.

In the first quarter of the year, Strategy Incorporated (NASDAQ:MSTR) posted a 3.5-percent increase in revenues to $111.1 million from $115.2 million in the same period last year. Net earnings from operations narrowed by 92 percent to $15.4 million from $203.7 million year-on-year.

9. Webull Corp. (NASDAQ:BULL)

Webull Corp. saw its share prices decline by 8.89 percent on Friday to end at $12.30 apiece as investors took profits to take advantage of the prior day’s rally, buoyed by its impressive earnings performance in the first quarter of the year.

During the period, Webull Corp. (NASDAQ:BULL) narrowed its net loss attributable to shareholders by 99 percent to $8.6 million from $1.1 billion registered in the same period last year.

Revenues, on the other hand, grew by 31.6 percent to $117 million from $88.9 million year-on-year.

In a statement, Webull Corp. (NASDAQ:BULL) President Anthony Denier attributed the strong performance to the significant accounting and trading volume growth during the period.

For his part, CFO Hai Chen Wang said: “We continue to see strong account growth as our global teams execute on our strategy in 2025 to address and meet the long-term investing needs of individual investors around the world.”