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.

Company

Dec. 30 Weekly Loss My Watchlist
Sears Holdings (Nasdaq: SHLD  ) $31.78 31% Add
Molycorp (NYSE: MCP  ) $23.98 17% Add
Rare Elements Resources (AMEX: REE  ) $3.25 16% Add
ZAGG (Nasdaq: ZAGG  ) $7.07 16% Add
LDK Solar (NYSE: LDK  ) $4.19 15% Add

Source: Barron's.

Sears Holdings was the market's biggest loser, after the parent company of Sears and Kmart announced lousy holiday comps, the closure of as many as 120 stores, and the need to tap its credit line. That last move is what probably led Standard & Poor's to place the struggling retailer's credit rating on review for a possible downgrade.

Molycorp, Rare Elements Resources, and other rare-earth mineral miners took a hit after China increased its export quota by 3% on the scarce yet essential elements. China's tight grip on supply had kept prices high, but now rare-earth minerals are likely to fall in price through 2012.

ZAGG continues to fall a week after raising -- yes, raising -- its guidance. The maker of accessories for smartphones and tablets is heavily shorted, though bears piling into the profitable company may also be the catalyst for the mother of all short squeezes in 2012.

LDK and other solar-energy players took a hit last week. This has been one of the past year's hardest-hit industries, so seeing scorched investors taking advantage of realizing losses for tax purposes isn't really a surprise. Despite solar energy's high financial cost as an energy source, its prospects remain bright for the future.

It was a rough week for these five stocks. If you want to shake yesterday's losers and ride tomorrow's winners, a new special report reveals The Motley Fool's top stock for 2012. It's free, but only for a limited time, so check it out now.

Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

Longtime Fool contributor Rick Munarriz calls them as he sees them. He owns no shares in any of the stocks in this story and is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Motley Fool has a disclosure policy.


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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.

  • Report this Comment On January 02, 2012, at 2:20 PM, investingNideas wrote:

    Cramer's Picks Skullcandy and Zagg report damaged the stock and the other event increasing revenue.

    https://www.youtube.com/watch?v=mht-vjS28kU

    ZAGG continues to fall a week after raising -- yes, raising -- its guidance is untrue but also a number of factors factored in like ifrogz insiders selling on lock-up expired.

    HzO news is not out yet!

    https://www.youtube.com/watch?v=mgSYZQEwuXg

  • Report this Comment On January 10, 2012, at 1:05 AM, richkey11 wrote:

    WHY DO I ASK MY FOOL'S QUESTIONS. FOR TIMELY ANSWERS. TIME-ING AFTER ALL IS ESSENCE OF TRADING.

    WHY THEN DO I READ THIS ARTICLE STATING LAST WEEKS BIGGEST LOSERS AND WHAT DO I SEE ON REE? $3.25 PRICE???? ON JAN. 2 2012

    NOW IT IS $6.78!!!!!

    CAN YOU WRITE MORE UP TO DATE INFORMATION PLEASE!!!!!

    FOOLS I BOUGHT TWO NEWS LETTERS AND GOSH!

    DISSED!

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