5 of Last Week's Biggest Losers

There's never a shortage of losers in the stock market.

Let's take a closer look at five of this past week's biggest sinkers.


Sep. 30 Weekly Loss My Watchlist
Eastman Kodak (NYSE: EK  ) $0.78 (67%) Add
Imperial Holdings (NYSE: IFT  ) $2.40 (63%) Add
iSoftStone Holdings (NYSE: ISS  ) $6.49 (34%) Add
Tudou (Nasdaq: TUDO  ) $13.65 (25%) Add
Micron Technology (Nasdaq: MU  ) $5.04 (24%) Add

Source: Barron's.

If a picture is worth a thousand words, is it also worth 11 chapters in bankruptcy court? Kodak got pounded on Friday on fears that it would be filing for bankruptcy. The photofinishing pioneer had tapped a credit line earlier in the week.

Imperial Holdings tanked after its office was raided by the FBI. Imperial deals in the secondary market for life insurance policies and structured legal settlements.

iSoftStone Holdings was one of the market's biggest winners three weeks ago, but the Chinese provider of IT took its lumps this time around. There was no material news out of iSoftStone specifically, though investors generally soured on Chinese equities after it was revealed that the Justice Department was starting to probe accounting fraud allegations in U.S.-listed Chinese companies.

Chinese video-sharing website Tudou took a hit after social networking speedster Renren (NYSE: RENN  ) acquired Tudou rival Renren's ownership should boost's exposure, threatening Tudou's market leadership position.

Finally, Micron Technology slipped after posting disappointing quarterly results. Weakness in the traditional desktop and laptop markets is crushing the chip behemoth. It posted a loss in its latest quarter, surprising analysts that were targeting a profit.

It was a rough week for these five stocks. Let's see if they bounce back.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Longtime Fool contributor Rick Munarriz calls them as he sees them. He does not own shares in any of the stocks in this story. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1563094, ~/Articles/ArticleHandler.aspx, 10/24/2016 10:55:21 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,234.14 88.43 0.49%
S&P 500 2,149.58 8.42 0.39%
NASD 5,301.85 44.45 0.85%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/24/2016 9:57 AM
EMG $2.75 Up +0.06 +2.23%
Imperial Holdings CAPS Rating: No stars
ISS.DL $0.00 Down +0.00 +0.00%
iSoftStone Holding… CAPS Rating: *
KODK $15.25 Up +0.36 +2.42%
Eastman Kodak CAPS Rating: No stars
MU $17.04 Up +0.10 +0.59%
Micron Technology CAPS Rating: ***
TUDO.DL $0.00 Down +0.00 +0.00%
Tudou Holdings, Lt… CAPS Rating: *
RENN $2.00 Down -0.02 -0.99%
Renren CAPS Rating: *