Vonage Holdings Corp. - Common Stock (VG)

Large-cap stocks were the worst performers last week. Venture Global, MongoDB, Marvell, Samsara, HPE, Affirm, Carvana, FTAI Aviation, Applovin, SharkNinja, and KKR all saw significant declines.

The company projected 2025 adjusted EBITDA in the range of $6.8 billion and $7.4 billion. Wall Street expects it to post $8.75 billion in adjusted core profit this year.

VG shares up premarket after reporting 7% revenue decline, 15% EBITDA decrease, and $0.33 EPS beating consensus. Company plans $18B expansion.

The project in Cameron Parish, Louisiana, has remained in the commissioning phase over the past three years due to the unreliability of its power generators.

Analyst sees major upside potential in Venture Global LNG, citing its disruptive model, fast execution, and exposure to favorable LNG spreads.

Skyworks Solutions, Estee Lauder, Venture Global, Neurocrine Biosciences, Moderna, Illumina, IDEX Corporation, PTC Inc, PayPal Holdings, Skechers U.S.A. and Avantor were worst performers, fell up to 25%.

Discover the latest trends with last week's worst-performing large-cap stocks, including Manhattan Associates' steep decline following reduced financial guidance and the broader impact of China's DeepSeek AI on sectors like semiconductors and AI-related industries.

One source of recent volatility in the midstream space has come from a stock that wasn’t even listed – Venture Global, the LNG exporter whose IPO was priced on Thursday. The fundamentals could not be more positive.

Venture Global's stock fell about 4% below its initial public offering price in its market debut on Friday, after the liquefied natural gas exporter drastically cut its estimated price range. Venture Global shares opened at $24.05.