Investing

Week's Biggest Losers: Owen-Illinois And Nine More

Owens-Illinois (NYSE: OI) sold down 15% last week as Venezuela seized some of the company’s assets in that country. Later in the week, Morningstar said the sell-off was overdone.

Cognizant Technology Solutions (NASDAQ: CTHS) dropped 10.2% for the week after the firm disclosed poor earnings.

Shares of JDS Uniphase ((NASDAQ: JDSU) dropped 7.7% after direct competitor Finistar (NYSE: FNSR) disclosed earnings for its last quarter which were below Wall St. expectations

Moody’s (NYSE: MCO) fell 7.1% because of concerns the government will charge the company for its actions related to the credit crisis.

DDouglas A. McIntyre

S&P 500 WEEK: BOTTOM 10

(10 JUN – 16 JUN)

Ticker Weekly Price Change (%) Close Price 16Jun11 Close Price 10Jun11 Market Cap ($Mil)
Owens-Illinois Inc. OI -15.0 25.07 29.51 4111.6
Cognizant Technology Solutions Corp CTSH -10.2 65.54 73.00 19940.5
JDS Uniphase Corp JDSU -7.7 15.57 16.86 3534.1
Alpha Natural Resources Inc ANR -7.4 42.30 45.69 5112.7
Moody’s Corp. MCO -7.1 38.27 41.18 8717.9
Micron Technology Inc. MU -6.8 7.87 8.44 7876.6
CF Industries Holdings Inc CF -6.7 142.39 152.56 10178.5
Priceline.Com Inc PCLN -6.4 461.71 493.18 22922.5
Newfield Exploration Co NFX -6.0 63.74 67.81 8571.4
CONSOL Energy Inc. CNX -6.0 45.90 48.83 10402.7
Source: Capital IQ

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