Investing

The Week's Largest Stock Market Losers: GameStop Corp, Monster Worldwide Inc, And Capital One Financial Corp

The S&P 500 stocks which lost the most were mostly from the tech sector. Microchip Technology Inc (NASDAQ: MCHP) was down almost 16%. The company cut it earnings guidance which was done to some extent because of the impact of the Japanese earthquake. Novellus Systems Inc. (NASDAQ: NVLS) dropped over 12% because it warned about 2011 results.

Citrix Systems Inc. (NASDAQ: CTXS) fell 10% after it announced it would buy Cloud.com. Analog Devices Inc (NASDAQ: ADI) fell 9% as other shares in its sector were punished by poor results

S&P 500 WEEK: BOTTOM 10

(08 JUL – 14 JUL)

Ticker Weekly Price Change (%) Close Price 14Jul11 Close Price 8Jul11 Market Cap ($Mil)
Microchip Technology Inc MCHP

-15.5

32.01

37.87

6097.3

Novellus Systems Inc. NVLS

-12.2

31.58

35.97

2820.3

GameStop Corp. GME

-11.2

23.83

26.85

3370.6

Citrix Systems Inc. CTXS

-10.3

74.40

82.98

13986.8

Monster Worldwide Inc. MWW

-10.3

13.14

14.65

1699.3

CB Richard Ellis Group Inc CBG

-9.8

22.80

25.28

7409.7

Janus Capital Group Inc JNS

-9.5

8.90

9.83

1657.2

Analog Devices Inc. ADI

-9.4

35.89

39.62

10753.9

Autodesk Inc. ADSK

-9.4

36.35

40.12

8395.2

Capital One Financial Corp. COF

-9.2

48.75

53.71

22393.0

Source: Capital IQ

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.