VMEN stock and TFM stock weren’t the only ones that suffered though.
Here are the other stock losers that started out having a very bad day, with mostly bearish trading volume of over 1 million.
Take a look at Friday’s biggest stock losers.
Biggest Stock Losers
Violin Memory Inc (VMEM, -45%): VMEM stock took a huge tumble in early trading, after its financial earnings showed to be a sad state of affairs. The GAAP net loss was $34.1 million, or $0.85 per share, compared to a net loss of $25.4 million, or $1.79 per share a year ago.
The Fresh Market (TFM, -19.9%): Faced with low consumer spending and earnings that fell below what analysts and even the company expected, TFM stock has fallen since yesterday and continues its plunge. Take a closer look at what’s happening to TFM stock here.
Nordic American Tanker Shipping Limited (NAT, -9.5%): NAT stock took a bit of a fall on Friday after announcing a public offering. The tanker shipping company has had an up and down year, though with today’s drop marks it at down 8% year to date.
Ross Stores (ROST, -8%): ROST stock is getting a light beating after its less than stellar earnings report. Its updated earnings per share guidance of $0.97-1.01 for the period, below the Thomson Reuters consensus estimate of $1.08.
Universal Display Corp (OLED, -7%): OLED stock dropped some 8% in early Friday trading, but it still has a cushion of being up 35% year to date to keep out of the danger zone.
Combimatrix Corporation (CBMX, -5%): CBMX stock has been another of the biggest stock losers. The drop sets it down 43% year to date.