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.


Jan. 3

Weekly Loss

RF Industries  (NASDAQ: RFIL  )


24%  (NASDAQ: CTRP  )



Myriad Genetics  (NASDAQ: MYGN  )



Inovio Pharmaceuticals  (NASDAQ: INO  )



Angie's List  (NASDAQ: ANGI  )



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!

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

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: 2783494, ~/Articles/ArticleHandler.aspx, 8/31/2015 8:19:20 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...

Rick Munarriz

Rick has been writing for Motley Fool since 1995 where he's a Consumer and Tech Stocks Specialist. Yes, that's a long time. He's been an analyst for Motley Fool Rule Breakers and a portfolio lead analyst for Motley Fool Supernova since each newsletter service's inception. He earned his BBA and MBA from the University of Miami, and he now lives a block from his alma mater.

Today's Market

updated Moments ago Sponsored by:
DOW 16,528.03 -114.98 -0.69%
S&P 500 1,972.18 -16.69 -0.84%
NASD 4,776.51 -51.82 -1.07%

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

8/31/2015 3:59 PM
ANGI $5.29 Up +0.08 +1.54%
Angie's List, Inc. CAPS Rating: *
CTRP $66.45 Down -3.05 -4.39% Internat… CAPS Rating: ***
INO $7.49 Down -0.24 -3.10%
Inovio Pharmaceuti… CAPS Rating: ***
MYGN $37.56 Up +1.13 +3.10%
Myriad Genetics CAPS Rating: ***
RFIL $4.19 Down -0.01 -0.24%