---
title: "Why did RBLX, HTZ, MYGN stocks plunge to 52-week lows last week?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294637359.md"
description: "Roblox, Hertz, and Myriad Genetics stocks plunged to 52-week lows last week due to weak financial results and negative outlooks. Roblox missed Q2 revenue expectations and faced a Macquarie downgrade amid growth uncertainty. Hertz hit a five-year low driven by high debt, vehicle costs, and weak demand. Myriad Genetics crashed to a 26-year low after reporting disappointing Q2 earnings and lowering its full-year guidance."
datetime: "2026-08-03T03:50:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294637359.md)
  - [en](https://longbridge.com/en/news/294637359.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294637359.md)
generator: "portal-rs"
---

# Why did RBLX, HTZ, MYGN stocks plunge to 52-week lows last week?

・Roblox shares fell to a two-year low of $33.88 with Macquarie downgrading the stock, citing uncertainty around near-term growth. ・Hertz shares dropped to a more than five-year low of around $1.55 as the company faced pressure from falling rental prices and weak demand. ・Myriad Genetics shares plunged to a 26-year low of $2.81 after the company rep...

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## Related News & Research

- [Myriad Genetics (MYGN) Gets a Hold from UBS](https://longbridge.com/en/news/298443295.md)
- [Roblox (RBLX) Faces Lawsuit Pressure, Is The Valuation Gap Telling The Right Story?](https://longbridge.com/en/news/290962977.md)
- [Australia secures court-enforceable child safety undertaking from Roblox](https://longbridge.com/en/news/296367509.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**