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

April 25

Weekly Loss

CalAmp  (NASDAQ: CAMP  )

$18.62

24%

Organovo (NASDAQ: BOFI  )

$5.55

21%

Yandex  (NASDAQ: YNDX  )
(NASDAQ: SPLS  )

$24.00

20%

SINA (NASDAQ: SINA  )

$48.15

15%

ServiceNow  (NYSE: NOW  )

$47.23

11%

Source: Barron's.

Let's start with CalAmp, which disconnected with Wall Street after a disappointing quarter. The provider of wireless and satellite solutions clocked in with an adjusted profit of $0.20 a share, just short of Wall Street estimates. Revenue climbed 24% to $59.8 million, but that, too, couldn't match the $61.5 million the pros were projecting. CalAmp's guidance for the current period also didn't keep up with where analysts were perched.

Organovo continued its slide. The upstart bio-printing company, which has the ambitious goal of creating a proxy for human tissue in a lab that could be used to speed up drug testing and other procedures, was on a roll last year when 3-D printing was in fashion. This year has been a lot harder on the niche, and Organovo has now seen its stock shed 59% of its value since peaking in November.

Yandex stumbled on fears that Russia will be tightening its online restrictions. Russian stocks were already weak in recent weeks as military maneuvers in the region spooked investors. This past week we saw Vladimir Putin mention the leading search engine, when he suggested that the Western influence on Yandex could be problematic. Yandex countered with a press release pointing out how many start-ups have international investors as members of their governing bodies. That wasn't enough to keep the stock from hitting a new 52-week low.

It wasn't just Yandex falling prey to a government crackdown in its country. SINA shares took a hit late in the week after China reportedly revoked the company's publishing and audio-visual content licenses after finding several instances of pornographic content on its online literature and photo-sharing sites.

Finally we have ServiceNow taking a hit despite posting better-than-expected financial results. The provider of IT infrastructure solutions saw its revenue climb 62% to $139.1 million, while the market was settling for just $134.6 million on the top line. Revenue guidance for the current quarter was also ahead of analyst targets. However, when the market's showing signs of vulnerability -- and that's just what happened when the Nasdaq tumbled later in the week -- it's going to take down some of the newer names that have yet to find their ways to profitability.

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Read/Post Comments (11) | Recommend This Article (3)

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 April 27, 2014, at 11:45 AM, hotpepperaddict wrote:

    Just some editorial observations. Don't know why Staples is included in the Yandex box. And Organovo's accompanying ticker is BOFI. Seems like some basic proofreading should be done before hitting the 'send' button. Thanks for the article, though.

  • Report this Comment On April 27, 2014, at 8:04 PM, ajarcen wrote:

    This article is insulting and borders on deceptive business practices in my opinion. Andy Cross (MF Chief Investment Officer) recommend CalAmp as the 2014 stock of the year this past January. Now you are calling this stock a loser and promoting a different marketing approach for different stocks. This is unconscionable and borders on fraud as far as I'm concerned. The Motley Fool has lost all credibility as far as I'm concerned. I currently have two paid subscriptions, which I will be terminating immediately.

  • Report this Comment On April 27, 2014, at 9:55 PM, Fatkiat wrote:

    This is really insulting - they recommend you something, you buy it, it screwed up. They said if you own these 'losers' to follow the 'smart' money and subscribe to the service....

    Well done TMF!

  • Report this Comment On April 28, 2014, at 10:02 AM, wcottrell wrote:

    Just started investing a few months ago and thought it would be wise to follow the advice of professionals and make CAMP one of my core holdings. I was at first not offended that it went down so much, hey, everyone makes mistakes, even the geniuses at MF. However, when I learned that they didn't even own the stock I absolutely lost all faith in this company. If I wanted random advice from some disconnected cacophony of self-proclaimed experts I would just search the internet - yeah, the one that is supposedly dead this year.

  • Report this Comment On April 28, 2014, at 10:16 AM, realfood wrote:

    I'm with all the commenters on this ! I bought two 'of theses losers' on TMF recommendations.

  • Report this Comment On April 28, 2014, at 12:54 PM, francois60 wrote:

    Yeah, I'm still with CAMP, and I'm not mad at all that TMF recommended it. I still think it's a great company. But that last marketing paragraph basically saying CAMP is a loser(one that TMF recommended) and that I should jump into these OTHER stocks that TMF recommends rubbed me the wrong way.

  • Report this Comment On April 28, 2014, at 12:59 PM, jrfromct wrote:

    I guess the lesson learned is; don't follow TMF advice unless they have "skin in the game". I was going to buy CAMP, but I was skeptical that TMF had not invested yet.

  • Report this Comment On April 30, 2014, at 9:57 AM, tyler91988 wrote:

    Definitely irked about the recent drop in CAMP.. but it *did* gain quickly, and this is likely people taking profits, and then others scrambling to sell due to the fear of further losses.

    1- Paper losses are paper losses until you sell

    2- Buy CAMP when it bottoms out; sell when you've made your money back when it rises.

    3- Patience WILL prevail.

  • Report this Comment On April 30, 2014, at 1:50 PM, jlatifwright wrote:

    I agree with the sentiment in previous posts. Mainly, I'm not upset that the "Stock of the Year" is currently on the decline but want the MF team that originally recommended it to comment and provide updated guidance. To remain quiet and unaccountable is not acceptable and brings little confidence in the MF services across the board.

  • Report this Comment On May 01, 2014, at 12:20 PM, tyler91988 wrote:

    Cannot agree with you more, jlatifwright. Since the "pick of the year" report and the recent plummet, TMF has been silent. Guidance, whether changed or not, should be given.

    Granted.. I still think a lot of the drop is due to profit-taking and short-term investors' fears.

  • Report this Comment On May 22, 2014, at 5:48 PM, swishk wrote:

    Guess no one likes stocks picked by the 'fools' to go down. Cannot blame anyone for that, but it seems irrelevant whether they own or not. Guidance is just that, a cautionary application of their expertise (not as some apparently think "a get rich quick recommendation." I have always thought that if I could have "not sold" in a panic, that I'd be far ahead in this purchasing of good businesses... just my 1.5 cents worth. fool on!

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