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5 of Last Week's Biggest Losers

By Rick Munarriz - Oct 15, 2012 at 10:02AM

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These stocks went the wrong way last week.

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

Oct. 12 Price

Weekly Loss

My Watchlist

Accuride (NYSE: ACW)

$3

(39%)

Add

Cafe Press ( PRSS )

$5.95

(30%)

Add

Green Dot ( GDOT -2.46% )

$9.80

(24%)

Add

Aeterna Zentaris ( AEZS -5.57% )

$2.43

(21%)

Add

Glu Mobile ( GLUU )

$3.37

(16%)

Add

Source: Barron's.

Accuride's stock hit an all-time low last week after the maker of commercial vehicle parts hosed down its near-term outlook.

Cafe Press ran dry after the company warned that adjusted EBITDA for the quarter that just ended would come in below its earlier forecast. Cafe Press blames "elevated levels of promotional activity" for the margin-gnawing move. Does this mean that revenue growth will be strong? Not really. Cafe Press is also telling investors that it will come in near the midpoint of its earlier range.

Green Dot investors saw red early in the week after Wal-Mart ( WMT 1.11% ) announced a partnership with American Express ( AXP -1.42% ) to introduce a prepaid debit card service that would compete with Green Dot's flagship plastic.

Aeterna Zentaris was one of the prior week's biggest losers, as well, weighed down by a poorly received one-for-six reverse stock split. Last week it was a dilutive secondary offering that pummeled the stock. Aeterna Zentaris needs to be careful, or it will have to declare another reverse stock split if its stock once again falls below the $1 mark.

Glu Mobile is another repeater on this list. The company tumbled two weeks ago after Zynga ( ZNGA 2.60% ) warned that it would come up short in its latest quarter, sending down other mobile-game developers.

Even though Glu reiterated its own guidance last week, the stock kept tumbling. Insider buying helped trim some of the heavy losses on Friday.

Ready for a bounce
It was a rough week for these five stocks. If you want to shake yesterday's losers and ride tomorrow's winners, a new special report reveals The Motley Fool's top stock for 2012. It's free, but only for a limited time, so check it out now.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis – even one of our own – helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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Stocks Mentioned

Glu Mobile Stock Quote
Glu Mobile
GLUU
Aeterna Zentaris Inc. Stock Quote
Aeterna Zentaris Inc.
AEZS
$0.41 (-5.57%) $0.02
Green Dot Corporation Stock Quote
Green Dot Corporation
GDOT
$33.88 (-2.46%) $0.86
CafePress Inc. Stock Quote
CafePress Inc.
PRSS
Wal-Mart Stores, Inc. Stock Quote
Wal-Mart Stores, Inc.
WMT
$136.97 (1.11%) $1.50
American Express Company Stock Quote
American Express Company
AXP
$154.55 (-1.42%) $-2.22
Zynga Inc. Stock Quote
Zynga Inc.
ZNGA
$5.92 (2.60%) $0.15

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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