Owens-Illinois (NYSE: OI) sold down 15% last week as Venezuela seized some of the company’s assets in that country. Later in the week, Morningstar said the sell-off was overdone.
Cognizant Technology Solutions (NASDAQ: CTHS) dropped 10.2% for the week after the firm disclosed poor earnings.
Shares of JDS Uniphase ((NASDAQ: JDSU) dropped 7.7% after direct competitor Finistar (NYSE: FNSR) disclosed earnings for its last quarter which were below Wall St. expectations
Moody’s (NYSE: MCO) fell 7.1% because of concerns the government will charge the company for its actions related to the credit crisis.
DDouglas A. McIntyre
S&P 500 WEEK: BOTTOM 10
(10 JUN – 16 JUN) |
Ticker | Weekly Price Change (%) | Close Price 16Jun11 | Close Price 10Jun11 | Market Cap ($Mil) |
Owens-Illinois Inc. | OI | -15.0 | 25.07 | 29.51 | 4111.6 |
Cognizant Technology Solutions Corp | CTSH | -10.2 | 65.54 | 73.00 | 19940.5 |
JDS Uniphase Corp | JDSU | -7.7 | 15.57 | 16.86 | 3534.1 |
Alpha Natural Resources Inc | ANR | -7.4 | 42.30 | 45.69 | 5112.7 |
Moody’s Corp. | MCO | -7.1 | 38.27 | 41.18 | 8717.9 |
Micron Technology Inc. | MU | -6.8 | 7.87 | 8.44 | 7876.6 |
CF Industries Holdings Inc | CF | -6.7 | 142.39 | 152.56 | 10178.5 |
Priceline.Com Inc | PCLN | -6.4 | 461.71 | 493.18 | 22922.5 |
Newfield Exploration Co | NFX | -6.0 | 63.74 | 67.81 | 8571.4 |
CONSOL Energy Inc. | CNX | -6.0 | 45.90 | 48.83 | 10402.7 |
Source: Capital IQ |
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.