by Burke Speaker | November 26, 2013 10:55 am
Green Mountain Coffee Roasters (GMCR) and Nuance Communications (NUAN) are among the biggest stock losers as of early morning trading on Tuesday.
GMCR stock and NUAN stock weren’t the only ones that suffered though. Solar stocks have been hot, but JA Solar Holdings (JASO) also got pounded early as well.
And several other stocks that started out having a very bad week, on volume of over 1 million.
Take a look at some of Tuesday’s biggest stock losers.
Nuance Communications (NUAN, -15.5%): NUAN stock fell after its earnings report was shown to be less than stellar. Revenue for the quarter was $472.2 million versus the consensus estimate of $489.56 million. Total, NUAN stock is down over 38% since Jan. 1.
21Vianet Group Inc (VNET, -9%): VNET stock fell after its earnings report didn’t meet the needs of investors as well. The good news? VNET stock remains up some 74% year to date.
JA Solar Holdings (JASO, -8.5%): JASO stock took a bit of a tumble on Tuesday, based on earnings that showed some hard losses. Loss per diluted ADS was RMB 6.77 ($1.11), compared to loss per diluted ADS of RMB 3.58($0.59) in the second quarter of 2013. Still, JASO stock has still more than doubled in 2013, as solar stocks have been some of the hottest names out there.
America First Tax Exempt L.P. (ATAX, -6.8%): ATAX stock got diluted after it announced 6 million share public offering. The stock has fallen off since its end of summer and fall.
Centerpoint Energy Inc (CNP, -6.2%): CNP stock fell in early Tuesday trading, hitting a 3-month low. CNP is still up 21% year to date, though.
One notable loser today is Green Mountain Coffee Roasters (GMCR, -5%): After a great earnings report sent stock up some 19% last week, GMCR stock has cooled off and fell more than 5% in early Tuesday trading. GMCR is still up 55% year to date.
Source URL: http://investorplace.com/2013/11/biggest-stock-losers-gmcr-nuan/
Short URL: http://invstplc.com/1nwmd4t
Copyright ©2015 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.