5 of Last Week's Biggest Losers

The iPhone 5 launch on Wednesday, Sept. 12 is sure to be the most important event for tech investors this year. The Motley Fool will be hosting a live chat where our top tech analysts will answer your questions and break down what the announcement means for Apple and tech investors everywhere. Be sure to swing by Fool.com at 12:45 p.m. EDT this Wednesday for all your coverage of Apple's next big announcement.

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

Sept. 7 Closing Price

Weekly Loss

My Watchlist

Audience (Nasdaq: ADNC  ) $6.90 (62%) Add
LeapFrog (NYSE: LF  ) $9.15 (16%) Add
AuRico Gold (NYSE: AUG  ) $5.97 (14%) Add
Pandora (NYSE: P  ) $10.47 (13%) Add
Sigma Designs (Nasdaq: SIGM  ) $6.09 (11%) Add

Source: Barron's.

Audience was the market's biggest loser, shedding nearly two-thirds of its value after revealing that the audio-signal processor specialist's technology may not be available in the upcoming iPhone 5. The drop may seem severe, but it's more a reaction to Audience's ability to license its technology in the future than the licensing revenue that it will have to live without.

Kindle Fires weren't the only tablets getting cheaper this week. LeapFrog lowered the price of its LeapPad1 by $20 to $79.99. The learning toy was one of last holiday season's biggest winners, but investors don't usually warm up to margin-stinging price cuts.

AuRico Gold wasn't all that golden last week. The gold producer hosed down the production estimates at its flagship Ocampo mine.

Pandora slipped after a report revealed that iTunes was working on a rival service that would be made available for iOS, Mac, and Windows devices. It may be a bit of an overreaction given the fact that many other companies have rolled out similar custom streaming platforms, but iTunes remains the top dog in digital music.

Finally, Sigma Designs may have posted a narrower quarterly loss than the market was expecting, but BWS Financial still downgraded the chip maker after the report.

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 The 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 Apple. Motley Fool newsletter services recommend LeapFrog Enterprises and Apple. 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 (9) | Recommend This Article (2)

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.

  • Report this Comment On September 10, 2012, at 10:48 AM, gointocalif58 wrote:

    You are completely wrong on VRNG closing crice on SEPT 7th. It closed up at $3.53. You need to retract this . Very suspicious that You would make this error.

  • Report this Comment On September 10, 2012, at 11:04 AM, CaptainJackSparr wrote:

    Everything about this stock is becoming suspicious and how its being ironically maneuvered. This is a hot one...many are ready to jump on board quick. Foolishness abounds here...and yes they need to retract the error. Sad but also INTERESTING that even the foolish are becoming involved in this...!!!!!!

  • Report this Comment On September 10, 2012, at 11:57 AM, TMFBreakerRick wrote:

    Yep. This one's on me. The last four names on the table were from LAST WEEK's column. Let me get that corrected right away.

    Rick

  • Report this Comment On September 10, 2012, at 3:05 PM, mcreel65 wrote:

    You know that you made a mistake by posting vrng as one of the top losers from last week. Why is that headline still showing all those times on yahoo? It needs to be removed from the vrng headlines ASAP!!!!!!!!

  • Report this Comment On September 11, 2012, at 10:48 AM, gointocalif58 wrote:

    RICK,

    You also need to have YAHOO get these 5 posts off it's VRNG News. VRNG does not belonmg under your Big Loser lists. I know you removed it off the lists,NOW HAVE YAHOO REMOVE IT ALSO! Thsi stock has took a nose dive ever since you posted.

  • Report this Comment On September 12, 2012, at 10:22 AM, mcreel65 wrote:

    Why in the hell is this still being posted under vrng yahoo headlines?? Anyone looking at this for the first time will think that vrng is one of last weeks losers. It is not enough for you to say "my bad" if this is still being posted. This needs to be removed from yahoo headlines ASAP!!!!!!!

  • Report this Comment On September 12, 2012, at 10:33 AM, taishiba wrote:

    what's going on with your fake VRNG posts?

    Come on thought this site had more accuracy and integrity!

    Obviously not!!!!!

  • Report this Comment On September 12, 2012, at 10:57 AM, thepracticingyog wrote:

    I have been a member of the MF since 2005 and I am very disappointed in the number of wrong information and misplaced article of late that are showing up under the MF name.

    This article showing up under Vringo is a perfect example.

    Where is the oversight

    thepracticingyogi

  • Report this Comment On September 12, 2012, at 11:51 AM, gointocalif58 wrote:

    You will be reported to the SEC for putting out false info on a stock and posting it as news on Yahoo's site. Yahoo will also be held accountable.

Add your comment.

DocumentId: 2011304, ~/Articles/ArticleHandler.aspx, 4/18/2014 12:29:51 PM

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