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

March 30 Weekly Loss My Watchlist
Fortuna Silver Mines (NYSE: FSM  ) $4.52 (26%) Add
Swisher Hygiene (Nasdaq: SWSH  ) $2.46 (22%) Add
Saba Software (Nasdaq: SABA  ) $9.81 (22%) Add
Vipshop (NYSE: VIPS  ) $4.39 (20%) Add
InvenSense (NYSE: INVN  ) $18.10 (16%) Add

Source: Barron's.

Fortuna Silver Mines didn't strike it rich after an uninspiring quarterly report -- conveniently posted several hours after the market closed for the prior week -- led to a CIBC downgrade.

Swisher slipped after the sanitation services provider warned that it would be delaying its annual report. Restatements may be necessary. The company has plenty of potential, but its heady streak of acquisitions in a sector ripe for consolidation may be finally taking its toll.

Saba also has its bean counters working overtime. The provider of cloud-based training and Web conferencing solutions revealed that it will be delaying its third-quarter report after an internal accounting review.

Vipshop continues to be a heartbreaker of an IPO. The Chinese website operator offering flash sales on consumer goods went public less than two weeks ago at $6.50. It continues to lose ground.

InvenSense moved the wrong way after Oppenheimer downgraded shares of the motion-sensing chip maker, relinquishing its outperform rating.

Ready for a bounce
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 Motley Fool's top stock for 2012. It's free, but only for a limited time so check it out now.

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

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.

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: 1852870, ~/Articles/ArticleHandler.aspx, 10/31/2014 4:30:22 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...


Advertisement