Ten stocks ended on a lackluster performance on Wednesday, defying an overall market optimism, as investors took path from a series of corporate news, alongside the lack of positive developments to boost buying appetite.
Meanwhile, all three major indices finished in the green, with the Nasdaq leading the gains by 0.78 percent. The S&P 500 followed with a 0.56 jump, while the Dow Jones was up by 0.26 percent.
Indices aside, we identify the 10 worst-performing stocks on Wednesday and break down the reasons behind their drop.
We focused exclusively on the stocks with a $2 billion market capitalization and 5 million shares in trading volume.
10. Flagstar Bank NA (NYSE:FLG)
Flagstar dropped its share prices by 4.26 percent on Wednesday to close at $13.50 apiece as investors booked early profits following an intra-day rally.
During the session, the stock opened at $14.20 and hit a day high of $14.29, or just 1.8-percent shy of its 52-week high of $14.54.
In other news, Flagstar Bank NA (NYSE:FLG) is set to pay $0.01 worth of dividends to all common shareholders as of March 7, payable on March 17, 2026.
The same payment and record dates apply to holders of three series of preferred stocks.
According to Flagstar Bank NA (NYSE:FLG), preferred shareholders of its Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock Series A are set to receive $15.94 for every share held, or equivalent to $0.3984 for each depositary share.
Meanwhile, owners of its Series B Noncumulative Convertible Preferred Stock and Series D Non-Voting Common Equivalent Stock would expect $3.3333 worth of dividends for every share they own.
Flagstar Bank NA (NYSE:FLG) is one of the largest regional banks in the US, with $87.5 billion of assets, $61 billion of loans, $66 billion of deposits, and $8.1 billion of total stockholders’ equity, as of December 31, 2025.
9. USA Rare Earth Inc. (NASDAQ:USAR)
USA Rare Earth extended losses for a second day on Wednesday, shedding 4.31 percent to finish at $18.20 apiece as investors parked funds amid the absence of fresh catalysts to boost buying appetite.
Despite the decline, USA Rare Earth Inc. (NASDAQ:USAR) was notably up by 53 percent year-to-date, albeit its month-to-date tally showed a decline of 18.8 percent.
Last month, the company announced a series of developments that saw the successful raising of as much as $3.1 billion in fresh funds. This includes the US government’s $1.6 billion financial backing, involving $1.3 billion in senior secured loans under the CHIPS Act, as well as another $277-million in proposed federal funding.
Additionally, USA Rare Earth Inc. (NASDAQ:USAR) raised another $1.5 billion from a private investment in public equity (PIPE) financing with strategic investors, covering the sale of 69.8 million common shares at a price of $21.50 per share.
The total capital is expected to help accelerate USA Rare Earth Inc.’s (NASDAQ:USAR) expansion initiatives, which will include the extraction of 40,000 metric tons (MT) per day of rare earth and critical mineral feedstock from its Round Top deposit; processing of a combined 8,000 MT per annum of third-party MREC and heavy rare earth elements, critical mineral oxides and concentrates; reshoring of 10,000 MT per annum of heavy REE metal- and alloy-making and strip-casting capacity; increase in neodymium-iron-boron magnet-making capacity to 10,000 MT per annum; and processing of 2,000 MT per annum of swarf from the NdFeB magnet production.
