S&P 500 WEEK: BOTTOM 10 (04FEB-10 FEB) | Ticker | Weekly Price Change (%) | Close Price 10Feb11 | Close Price 04Feb11 | Market Cap($Mil) |
Akamai Technologies Inc | AKAM | -14.9 | 40.75 | 47.88 | 7430.4 |
Cisco Systems Inc | CSCO | -14.2 | 18.92 | 22.05 | 104869.1 |
Computer Sciences Corp | CSC | -13.7 | 48.10 | 55.76 | 7430.7 |
NVIDIA Corp | NVDA | -11.1 | 22.82 | 25.67 | 13258.4 |
International Flavors & Fragrances Inc. | IFF | -7.0 | 54.80 | 58.91 | 4381.3 |
QEP Resources Inc | QEP | -6.0 | 37.85 | 40.28 | 6647.3 |
Sysco Corp | SYY | -5.9 | 28.10 | 29.85 | 16440.9 |
Southwestern Energy Co | SWN | -5.8 | 37.05 | 39.34 | 12848.3 |
Freeport-McMoran Copper & Gold Inc. | FCX | -5.5 | 53.62 | 56.76 | 50510.0 |
FMC Technologies Inc | FTI | -5.2 | 90.07 | 95.06 | 10782.4 |
Source: Capital IQ |
The stocks which lost the largest percentage of their value this week where dominated by firms which produced poor earnings. Cisco (NASDAQ: CSCO) announced a forecast for the year ahead which was a deep disappointment to Wall St. Akamai (NASDAQ: AKAM) quarterly numbers came in below expectations.
Computer Sciences (NYSE: CSC) lowers its forecast for the upcoming year. Nvidia (NASDAQ: NVDA) faces new competition in the tablet PC market from Qualcomm (NASDAQ: QCOM)
Doulas A. McIntyre
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