5 of Last Week's Biggest Losers

Before you go, we thought you'd like these...
Before you go close icon

There's never a shortage of losers in the stock market.

Let's take a closer look at five of this past week's biggest sinkers.

Company

Oct. 12 Price

Weekly Loss

My Watchlist

Accuride (NYS: ACW)

$3

(39%)

Add

Cafe Press (NAS: PRSS)

$5.95

(30%)

Add

Green Dot (NYS: GDOT)

$9.80

(24%)

Add

Aeterna Zentaris (NAS: AEZS)

$2.43

(21%)

Add

Glu Mobile (NAS: GLUU)

$3.37

(16%)

Add

Source: Barron's.


Accuride's stock hit an all-time low last week after the maker of commercial vehicle parts hosed down its near-term outlook.

Cafe Press ran dry after the company warned that adjusted EBITDA for the quarter that just ended would come in below its earlier forecast. Cafe Press blames "elevated levels of promotional activity" for the margin-gnawing move. Does this mean that revenue growth will be strong? Not really. Cafe Press is also telling investors that it will come in near the midpoint of its earlier range.

Green Dot investors saw red early in the week after Wal-Mart (NYS: WMT) announced a partnership with American Express (NYS: AXP) to introduce a prepaid debit card service that would compete with Green Dot's flagship plastic.

Aeterna Zentaris was one of the prior week's biggest losers, as well, weighed down by a poorly received one-for-six reverse stock split. Last week it was a dilutive secondary offering that pummeled the stock. Aeterna Zentaris needs to be careful, or it will have to declare another reverse stock split if its stock once again falls below the $1 mark.

Glu Mobile is another repeater on this list. The company tumbled two weeks ago after Zynga (NAS: ZNGA) warned that it would come up short in its latest quarter, sending down other mobile-game developers.

Even though Glu reiterated its own guidance last week, the stock kept tumbling. Insider buying helped trim some of the heavy losses on Friday.

Ready for a bounce
It was a rough week for these five stocks. If you want to shake yesterday's losers and ride tomorrow's winners, a new special report reveals The Motley Fool's top stock for 2012. It's free, but only for a limited time, so check it out now.

The article 5 of Last Week's Biggest Losers originally appeared on Fool.com.

Rick Aristotle Munarriz has no positions in the stocks mentioned above. The Motley Fool has the following options: short OCT 2012 $55.00 puts on American Express Company, short OCT 2012 $60.00 calls on American Express Company, and long OCT 2012 $65.00 calls on American Express Company. Motley Fool newsletter services recommend American Express Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners