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.
|June 22||Weekly Loss||My Watchlist|
ATP Oil & Gas
Women's apparel retailer Body Central was the market's biggest loser, shedding nearly half of its value after the 254-store chain hosed down its guidance.
Lower oil prices aren't helping offshore driller ATP Oil & Gas. Investors also weren't comforted by the company's private placement of convertible bonds and warrants to shore up its liquidity by $35 million.
Even though it was La-Z-Boy posting disappointing quarterly results, several of its furniture retailing rivals took a hit. Peer Ethan Allen -- clocking in with a 20% decline -- took the news of La-Z-Boy's top- and bottom-line misses even harder.
Microvision shed 22% of its value the prior week after announcing a dilutive secondary offering. The stock continued to tumble last week as the offering closed on Wednesday.
Ready for a bounce
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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.