Investing
The Week's Market Losers: Best Buy, Altria, And More
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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 |
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