by Alyssa Oursler | December 10, 2013 11:30 am
The markets fell in early Tuesday trading, while big names like BlackBerry (BBRY[1]) and American Eagle Outfitters (AEO[2]) also continued their painful declines.
BBRY stock in particular fell on heavy volume. Investors were also bearish on consumer names Burlington Stores (BURL[3]) and Lumber Liquidators (LL[4]), which both made our list of the biggest stock losers.
Take a a look at our full list of biggest stock losers to see why BlackBerry stock and others fell on Tuesday.
Eagle Bulk Shipping (EGLE[5], -12%): EGLE stock has more than doubled so far in 2013, even after having a rough few months. Eagle Bulk Shipping stock is down over 12% this morning, bringing its three-month losses to nearly 40%.
Burlington Stores (BURL[3], -10%): Another of today’s biggest stock losers is BURL. Shares of BURL stock are off double-digits thanks to unfavorable Burlington earnings. BURL stock is flat year-to-date.
Lumber Liquidators (LL[4], -8%): Next on our list of biggest stock losers, LL stock is falling today even though Lumber Liquidators just upped its full-year outlook. Then again, expectation for LL stock are high considering its up around 70% since Jan.1 … even after the sell-off.
BlackBerry (BBRY[1], -4%): Fading smartphone pioneer BlackBerry continued its downward slide today, making our list of biggest stock losers. Shares of BBRY stock have lost over 4%, bringing the year-to-date damage to around 53%. The company announced even more layoffs today.
Starbucks (SBUX[6], -3%): Starbucks is a surprising name on our list of biggest stock losers, as SBUX stock is easily beating the market so far this year. This morning, though, SBUX is down 3%.
Geron Corp. (GERN[7], -2%): GERN stock fell around 3%, cooling what’s been a sizzling run. Geron is up over 280% since Jan. 1.
As of this writing, Robert Martin did not hold a position in any of the aforementioned securities.
Source URL: https://investorplace.com/2013/12/biggest-stock-losers-burl-bbry-egle/
Copyright ©2024 InvestorPlace unless otherwise noted.