The Week’s Market Losers: Best Buy, Altria, And More

Print Email

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