Investing
The Week's Market Losers: Best Buy, Altria, And More
Published:
Last Updated:
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 |
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
