10 Stocks Drowned Heavily. Are You Holding Any?

A lackluster performance persisted on Wall Street last week, as President Donald Trump’s fresh tariff tirades to various countries dragged down investor sentiment anew.

On a week-on-week basis, the Dow Jones was down by 1.02 percent, the S&P 500 decreased by 0.3 percent, and the tech-heavy Nasdaq dipped by 0.07 percent.

The overall sentiment spilled over to individual stocks, with 10 companies—predominantly related to the technology sector—dragged down heavily.

In this article, we name the 10 worst-performing stocks of last week and detail the reasons behind their drop.

To compile the list, we focused exclusively on stocks with a $2 billion market capitalization and more than 5 million shares in trading volume. The companies were ranked based on the difference in their closing prices on July 3 and 11, 2025.

10. GitLab Inc. (NASDAQ:GTLB)

GitLab saw its share price drop by 9.3 percent week-on-week, as investor sentiment turned cautious following the release of several critical patches to address vulnerabilities.

In a statement posted on its website last week, GitLab said the most critical flaw carries a CVSS (Common Vulnerability Scoring System) score of 8.7, considered highly severe, as it could allow hackers to execute malicious actions on behalf of its users through content injection.

Another one, rated medium, could allow restriction bypass through API manipulation.

Two others with low severity scores were also addressed, which could allow authenticated users to bypass various group-level restrictions through crafted API requests or manipulation of group invitation functionality.

GitLab Inc. (NASDAQ:GTLB) urged all its users to immediately upgrade all self-managed installations to the latest security patches.

In other news, GitLab Inc. (NASDAQ:GTLB) remained a stock “buy” for BofA Securities, giving the company a whopping price target of $72, marking a 71.3-percent upside from its last closing price of $42.03.

BofA Securities said it was optimistic about the company’s duo strategy, which it expected to drive higher adoption of premium paid tiers and add-on AI products such as Duo Pro, Duo Enterprise, and the Agent Platform.

9. Rigetti Computing, Inc. (NASDAQ:RGTI)

Rigetti Computing dropped its share prices by 9.44 percent week-on-week as investor sentiment was dragged down by an investment company’s pessimistic comments about its stock.

In a market note last week, Zacks Research gave Rigetti Computing, Inc. (NASDAQ:RGTI) a “sell” recommendation, taking path from the first quarter’s surprisingly disappointing earnings results and expectations that it will carry over to its next earnings results.

“[Rigetti Computing, Inc. (NASDAQ:RGTI)] reported revenues of $1.47 million in the last reported quarter, representing a year-over-year change of -51.8 percent. EPS of -$0.08 for the same period compares with -$0.14 a year ago. Compared to the Zacks Consensus Estimate of $2.46 million, the reported revenues represent a surprise of -40.16 percent. The EPS surprise was -60 percent,” Zacks Research underscored.

“Over the last four quarters, the company surpassed EPS estimates just once. The company topped consensus revenue estimates times over this period,” it added.

According to Zacks Research, Rigetti Computing, Inc. (NASDAQ:RGTI) is currently trading at a premium to its peers, having returned 21.5 percent over the past month, while the Internet/Software industry, to which it belongs, gained by only 2.7 percent during the period.