Traders Heavily Dumped These 10 Firms on Monday

A lackluster trading persisted on the stock market on Monday, with Wall Street’s major indices finishing mixed, as investors continued to digest and reposition portfolios ahead of more corporate earnings results.

Among the bellwether indices, only the Nasdaq finished in the red, dropping 0.10 percent. In contrast, the Dow Jones grew by 0.28 percent, and the S&P 500 inched up by 0.06 percent.

Meanwhile, 10 companies defied a predominantly optimistic market. In this article, we have identified Monday’s worst-performing stocks and detailed the reasons behind their gains.

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

Stock market reports on a sheet of paper. Photo by RDNE Stock Project on Pexels

10. Coinbase Global Inc. (NASDAQ:COIN)

Coinbase Global dropped its share prices by 2.08 percent on Monday to close at $205.27 apiece as investors disposed of shares following a rating downgrade from an investment firm.

In its market note, Compass Point Research recommended investors to “sell” shares in Coinbase Global Inc. (NASDAQ:COIN) amid ongoing scrutiny ahead of the release of its first quarter earnings performance on May 8, 2025.

According to Compass Point, it expects the company to announce disappointing first quarter results, a slowdown in retail trading, and less optimistic trends in the second quarter.

Additionally, the company highlighted a shift toward lower margin institutional segments and the possibility of Coinbase Global Inc. (NASDAQ:COIN) losing its unique position as the sole non-Bitcoin cryptocurrency stock.

Compass Point also downgraded its price target for COIN to $180, which marked a 12-percent downside from COIN’s closing price on Monday.

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

D-Wave Quantum saw its share prices decline by 2.12 percent on Monday to close at $7.37 as investors resorted to profit-taking following a four-day winning streak while repositioning portfolios ahead of the release of its first quarter earnings.

Based on its historical reporting dates, D-Wave Quantum Inc. (NYSE:QBTS) will announce the results of its first quarter earnings performance in the second week of May 2025.

Last year, D-Wave Quantum Inc. (NYSE:QBTS) widened its net loss by 74 percent to $143.9 million from $82.7 million in 2023 primarily due to a $68.3-million charge related to the remeasurement of the company’s warrant liability that materially increased as a result of the significant price appreciation of the warrants. Meanwhile, revenues ended flat at $8.8 million.

In recent news, the company announced the successful completion of a proof-of-concept project to apply quantum computing and artificial intelligence to drug discovery initiatives. It partnered with Japan-based Japan Tobacco Inc. for the project.