Traders Heavily Dumped These 10 Firms on Monday

6. The Kraft Heinz Company (NASDAQ:KHC)

The Kraft Heinz extended its losing streak for a fourth consecutive day on Monday, shedding 2.31 percent to end at $28.81 apiece as investors sold off positions ahead of its earnings results tomorrow, April 29.

Analysts expect The Kraft Heinz Company (NASDAQ:KHC) to post decreases in both earnings per share and revenues.

Additionally, Mad Money host and former hedge fund manager Jim Cramer posted bearish comments on The Kraft Heinz Company (NASDAQ:KHC), saying that investors should avoid piling into the stock for safety and instead stay the course with their growth investments.

“Let’s say you try to go to safety, so you pick Kraft Heinz, it’s got a really nice yield. Well, this morning, Citi comes out and says sell it. It’s a share loser, it is in trouble on many different margin issues, and it can’t find a way,” he was quoted as saying.