Circuit City (CC) After announcing weak financials, can’t get off the list. Down to $8.07 from 52-week high of $29.31.
Standard Pacific (SPF) California homebuilder said it would stop paying a quarterly dividend and instead use the estimated $10 million a year to pay down debt. Drops to $6.86 from 52-week high of $30.52.
Lennar Corporation (LEN) Another housing stock. Down to $24.05 from 52-week high of $56.54.
McClatchy Newspapers (MNI) Newspaper chains continue move down. Drops to $20.01 from 52-week high of $44.95.
Nortel Networks (NT) Recent analyst report says no turnaround soon. Shares down to $15.80 from 52-week high of $31.79.
Sonus (SNUS) Drug trial fails. Drops to $.65 from 52-week high of $6.32.
Pacific Ethanol (PEIX) Ethanol prices are down about a third over the last few months. Shares fall to $8.94 from 52-week high of $19.80.
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.
Editors' Picks
