5 of Last Week's Biggest Losers

These five stocks posted double-digit percentage declines.

Jan 5, 2014 at 7:15AM

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

Jan. 3

Weekly Loss

RF Industries (NASDAQ:RFIL)

$6.84

24%

Ctrip.com (NASDAQ:CTRP)

$45.53

13%

Myriad Genetics (NASDAQ:MYGN)

$21.20

12%

Inovio Pharmaceuticals (NASDAQ:INO)

$2.50

12%

Angie's List (NASDAQ:ANGI)

$13.07

10%

Source: Barron's.

Let's start with RF Industries. The maker of RF connectors, coaxial and custom cable assemblies, fiber optic cables, wiring harnesses, and medical wiring products plunged on Friday after posting a disappointing business update. RF Industries reported that unaudited revenue for its latest quarter declined 9%. 

Ctrip slipped on reports that rivals are starting to gain ground on China's leading online travel portal. Ctrip shares more than doubled in 2013, so a little breather is understandable, even if the stock has done nothing but blow Wall Street's profit targets away over the past year.

Myriad Genetics took a hit after the Centers for Medicare and Medicaid Services proposed slashing its Medicare reimbursement rate on Myriad's BRACAnalysis gene by nearly half.

Inovio Pharmaceuticals kicked off the trading week by nearly hitting a fresh 52-week high, but it fell out of favor as investors began to take profits. Inovio shares popped nearly sixfold in 2013, as investors rallied behind the synthetic-vaccine maker with potentially promising drugs aiming at prostate and liver cancer. Just as Ctrip lost ground, it's not a surprise when some of a year's biggest winners pull back as the next year begins. Taking profits and pushing out taxable gains a year makes sense. 

Finally we have Angie's List taking a hit after another class action lawsuit emerged, once again accusing the premium online provider of local service reviews of improprieties.

Ready for a bounce
If you owned some of these losers, how about following the smart money into winners? The market stormed out to huge gains across 2013, leaving investors on the sidelines burned -- but opportunistic investors can still find huge winners. The Motley Fool's chief investment officer has just hand-picked one such opportunity in our new report: "The Motley Fool's Top Stock for 2014." To find out which stock it is and read our in-depth report, simply click here. It's free!

Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends Ctrip.com International. 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. The Motley Fool has a disclosure policy.

Money to your ears - A great FREE investing resource for you

The best way to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as “binge-worthy finance.”

Feb 1, 2016 at 5:03PM

Whether we're in the midst of earnings season or riding out the market's lulls, you want to know the best strategies for your money.

And you'll want to go beyond the hype of screaming TV personalities, fear-mongering ads, and "analysis" from people who might have your email address ... but no track record of success.

In short, you want a voice of reason you can count on.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich," rated The Motley Fool as the #1 place online to get smarter about investing.

And one of the easiest, most enjoyable, most valuable ways to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as "binge-worthy finance."

Whether you make it part of your daily commute or you save up and listen to a handful of episodes for your 50-mile bike rides or long soaks in a bubble bath (or both!), the podcasts make sense of your money.

And unlike so many who want to make the subjects of personal finance and investing complicated and scary, our podcasts are clear, insightful, and (yes, it's true) fun.

Our free suite of podcasts

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. The show is also heard weekly on dozens of radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable. Rule Breaker Investing and Answers are timeless, so it's worth going back to and listening from the very start; the other three are focused more on today's events, so listen to the most recent first.

All are available for free at www.fool.com/podcasts.

If you're looking for a friendly voice ... with great advice on how to make the most of your money ... from a business with a lengthy track record of success ... in clear, compelling language ... I encourage you to give a listen to our free podcasts.

Head to www.fool.com/podcasts, give them a spin, and you can subscribe there (at iTunes, Stitcher, or our other partners) if you want to receive them regularly.

It's money to your ears.

 


Compare Brokers