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5 of Last Week's Biggest Losers

By Rick Munarriz – Dec 16, 2012 at 6:00AM

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These stocks made their shorts a decent amount of money this past 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

Dec. 14

Weekly Loss

My Watchlist

Ariad Pharmaceuticals (NASDAQ: ARIA)

$18.93

14%

Add

Deckers Outdoor (DECK 3.48%)

$37.31

13%

Add

Skyworks Solutions (SWKS -0.32%)

$19.80

13%

Add

Life Partners Holdings (NASDAQ: LPHI)

$2.71

12%

Add

Cirrus Logic (CRUS -1.72%)

$25.59

11%

Add

Source: Barron's.

Ariad Pharmaceuticals stumbled despite receiving Food and Drug Administration approval for its treatment of a rare blood-borne and bone marrow cancer. The problem is that investors were already banking on regulatory approval, and that the FDA is requiring a warning on the label to point out the potential side effects of blood clots and liver toxicity.

Shares of Deckers hit the deck as investors continue to fret about everything from stubbornly high sheepskin prices to shifting fashion trends that are working against the footwear maker.

Wireless-radio producer Skyworks Solutions, audio-chip supplier Cirrus Logic, and other iPhone component suppliers took a hit on reports that Apple (AAPL -1.26%) was slashing iPhone orders on weakening demand. The market has been so bearish on what remains the world's most valuable tech company in recent months. It's only natural to see the suppliers that rose during Apple's ascent to get pinched on the way down.

Life Partners Holdings was Nasdaq's biggest winner two weeks ago, soaring 30% after announcing a quarterly dividend of $0.10 a share. Easy come, easy go. The life settlements pioneer paid it out this past week, and the stock fell by four times the amount of the distribution on the week.

Ready for a bounce
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Longtime Fool contributor Rick Aristotle Munarriz has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple and Cirrus Logic. Motley Fool newsletter services recommend Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Stocks Mentioned

Skyworks Solutions, Inc. Stock Quote
Skyworks Solutions, Inc.
SWKS
$92.96 (-0.32%) $0.30
Deckers Outdoor Corporation Stock Quote
Deckers Outdoor Corporation
DECK
$330.12 (3.48%) $11.11
Cirrus Logic, Inc. Stock Quote
Cirrus Logic, Inc.
CRUS
$72.62 (-1.72%) $-1.27
Apple Inc. Stock Quote
Apple Inc.
AAPL
$149.84 (-1.26%) $-1.92

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

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