10 Stocks Crashing Hard Despite Highly Optimistic Market

Ten stocks fell sharply on Tuesday, bucking a broader market rally, as investor sentiment was dampened by disappointing outlooks and earnings results, among others.

Meanwhile, the three major indices all finished in the green, led by Nasdaq with a 0.80 percent gain. The Dow Jones and the S&P 500 both eked out 0.34 percent and 0.23 percent, respectively.

In this article, we focus on Tuesday’s 10 worst-performing stocks and break down the reasons behind their drop.

To come up with the list, we focused on companies with more than $2 billion in market capitalization and 5 million shares in trading volume.

Stock market data on a laptop screen. Photo by Alesia Kozik on Pexels

10. Royal Caribbean Cruises Ltd. (NYSE:RCL)

Royal Caribbean dropped by 8.53 percent on Tuesday to close at $292.95 apiece after missing analyst expectations for revenues in the third quarter of the year.

In an updated report, Royal Caribbean Cruises Ltd. (NYSE:RCL) said revenues grew by 5 percent in the third quarter to $5.139 billion from $4.886 billion in the same period last year, but missed analyst expectations of $5.17 billion.

Attributable net income jumped by 42 percent to $1.575 billion from $1.111 billion year-on-year, while earnings per share (EPS) stood at $5.74, better than company expectations primarily due to higher-than-expected close-in demand and lower costs.

In the nine-month period, revenues increased by 7.8 percent to $13.7 billion from $12.7 billion, while attributable net income grew by 52 percent to $3.5 billion from $2.3 billion.

Looking ahead, Royal Caribbean Cruises Ltd. (NYSE:RCL) expects strong momentum to continue, powered by accelerated demand, growing loyalty, and guest satisfaction.

“While it’s still early in the planning process, our strong booked position gives us confidence for 2026 and beyond. With our proven formula of moderate yield growth, strong cost controls, and disciplined capital allocation, we expect 2026 earnings per share to have a $17 handle, positioning us well to achieve our 2027 Perfecta targets,” said Royal Caribbean Cruises Ltd. (NYSE:RCL) President and CEO Jason Liberty.

9. D-Wave Quantum Inc. (NYSE:QBTS)

D-Wave Quantum dropped its share prices by 8.68 percent on Tuesday to close at $32 apiece as investors resorted to profit-taking following three straight days of gains.

Last week, shares of quantum firms, including D-Wave Quantum Inc. (NYSE:QBTS), surged following a report that the Trump administration was keen on investing in the said industry. However, optimism tapered off on Tuesday after the Commerce Department debunked reports that it was negotiating with several quantum computing firms.

“The Commerce Department is not currently negotiating equity stakes with quantum computing companies,” a spokesperson was quoted as saying in a statement.

Last week, the Wall Street Journal reported that each quantum firm was looking to secure $10 million worth of funding from the government in exchange for government ownership.

Meanwhile, D-Wave Quantum Inc. (NYSE:QBTS) is set to release the results of its third quarter earnings performance in the second week of November, based on historical reporting dates.