Investing

The Week’s Largest Stock Market Losers: GameStop Corp, Monster Worldwide Inc, And Capital One Financial Corp

The S&P 500 stocks which lost the most were mostly from the tech sector. Microchip Technology Inc (NASDAQ: MCHP) was down almost 16%. The company cut it earnings guidance which was done to some extent because of the impact of…

By Douglas A. McIntyre
Published July 16, 2011, 8:40am ET · 1 min read

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The S&P 500 stocks which lost the most were mostly from the tech sector. Microchip Technology Inc (NASDAQ: MCHP) was down almost 16%. The company cut it earnings guidance which was done to some extent because of the impact of the Japanese earthquake. Novellus Systems Inc. (NASDAQ: NVLS) dropped over 12% because it warned about 2011 results.

Citrix Systems Inc. (NASDAQ: CTXS) fell 10% after it announced it would buy Cloud.com. Analog Devices Inc (NASDAQ: ADI) fell 9% as other shares in its sector were punished by poor results

S&P 500 WEEK: BOTTOM 10

(08 JUL – 14 JUL)

 Ticker Weekly Price Change (%) Close Price 14Jul11 Close Price 8Jul11 Market Cap ($Mil)
Microchip Technology Inc MCHP

-15.5

32.01

37.87

6097.3
Novellus Systems Inc. NVLS

-12.2

31.58

35.97

2820.3
GameStop Corp. GME

-11.2

23.83

26.85

3370.6
Citrix Systems Inc. CTXS

-10.3

74.40

82.98

13986.8
Monster Worldwide Inc. MWW

-10.3

13.14

14.65

1699.3
CB Richard Ellis Group Inc CBG

-9.8

22.80

25.28

7409.7
Janus Capital Group Inc JNS

-9.5

8.90

9.83

1657.2
Analog Devices Inc. ADI

-9.4

35.89

39.62

10753.9
Autodesk Inc. ADSK

-9.4

36.35

40.12

8395.2
Capital One Financial Corp. COF

-9.2

48.75

53.71

22393.0
Source: Capital IQ

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Douglas A. McIntyre

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.

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