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.
|Dec. 2||Weekly Loss||My Watchlist|
Gildan Activewear investors were in for a downhill workout after the apparel maker posted weaker-than-expected sales growth in its latest quarter. The real dagger here is that it's now targeting a deficit for the current quarter. Analysts figured that Gildan would be profitable during the holiday quarter.
Francesa's Holdings slipped off the rack, hitting a new low ahead of tomorrow's quarterly report. The boutique operator went public at $17 a share this summer, but it has now fallen below its IPO price.
StonMor moved the headstones, but its shares were dead in the water this week. The cemetery-services provider was deep-sixed after Standard & Poor's put StoneMor's credit rating on a negative watch.
Car-sharing leader Zipcar may have rolled out a new cargo van rental service, but investors last week were mostly concerned about Hertz
Then we have Shutterfly blinking as the flash went on. A Cowen & Co. analyst issued a bearish note on the online photofinishing specialist, fearing that aggressive pricing by Snapfish will eat into Shutterfly's business.
It was a rough week for these five stocks. Let's see if they bounce back.