The Week’s Market Losers: Best Buy, Altria, And More
Investment bank UBS suggested that smartphone sales have slowed and the the weakest companies in the sector, which includes Motorola Mobility (NYSE: MMI) , might be crippled long-term Best Buy (NYSE: BBI) was hit with a racial profiling suit. Tobacco…
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Investment bank UBS suggested that smartphone sales have slowed and the the weakest companies in the sector, which includes Motorola Mobility (NYSE: MMI) , might be crippled long-term
Best Buy (NYSE: BBI) was hit with a racial profiling suit.
Tobacco stocks were pressured as Australia pressed for more stringent warnings on packages, a trend which has spread in other developed countries recently
Douglas A. McIntyre
BIGGEST STOCK PRICE LOSERS
FOR WEEK, MONTH (JUNE) AND YEAR-TO-DATE AS OF JUNE 30
| S&P 500 WEEK: BOTTOM 10 (24 JUN – 30 JUN) | Ticker | Weekly Price Change (%) | Close Price 30Jun11 | Close Price 24Jun11 | Market Cap ($Mil) |
| Motorola Mobility Holdings, Inc. | MMI |
-4.6 |
22.04 |
23.11 |
7194.7 |
| Best Buy Co. Inc. | BBY |
-3.3 |
31.41 |
32.48 |
11665.4 |
| Lorillard, Inc. | LO |
-1.5 |
108.87 |
110.49 |
15786.0 |
| Altria Group Inc. | MO |
-1.4 |
26.41 |
26.79 |
56374.9 |
| Urban Outfitters Inc. | URBN |
-1.0 |
28.15 |
28.43 |
4514.4 |
| McCormick & Co. Inc. | MKC |
-0.9 |
49.57 |
50.00 |
6551.9 |
| Windstream Corporation | WIN |
-0.6 |
12.96 |
13.04 |
6614.3 |
| Molex Inc. | MOLX |
-0.5 |
25.77 |
25.91 |
4099.5 |
| Quest Diagnostics Inc. | DGX |
-0.5 |
59.10 |
59.41 |
9466.1 |
| The Sherwin-Williams Company | SHW |
-0.3 |
83.87 |
84.13 |
8731.1 |
| Source: Capital IQ |
Contact [email protected] for any questions or corrections.
Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
