This Month’s Biggest Index Losers: Surety and Title Insurance, Homebuilders, and Movie Production and Theater Stocks
June 10, 2010 by Douglas A. McIntyre
There were strong losses in three Tickerspy indexes over the most recent 30-day period. This month’s biggest fallers are in surety and title insurance stocks, homebuilder stocks, and movie production and theater stocks.
Surety and title insurance stocks are down 20.6% in the past month. The worst performing stocks in the sector are Ambac Financial Group, Inc., (NYSE: ABK) down 43.5%, MBIA Inc., (NYSE: MBI) down 36.8%, and RAM Holdings Ltd., (OTC: RAMR) down 17.1%.
Homebuilder stocks are down 21.3% in the past month. The worst performing stocks in the index are Palm Harbor Homes Inc., (NASDAQ: PHHM) down 42%, Hovnanian Enterprises Inc., (NYSE: HOV) down 30%, and Standard Pacific Corp., (NYSE: SPF) 28.2%.
Movie production and theater stocks are down 20.6% in the past month. The worst performing stocks in the index are Carmike Cinemas Inc., (NASDAQ: CKEC) down 44.3%, RHI Entertainment, Inc., (OTC: RHIE) down 38.9%, and DreamWorks Animation SKG Inc., (NASDAQ: DWA) down 22.8%.
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