Insys Therapeutics (INSY) and Opko Health (OPK) were among the biggest stock losers in early trading today. But misery loves company, and INSY stock and OPK stock weren’t the only ones.
Instead, several other big companies suffered a dip in value Friday morning … even as the broader market posted meager gains.
Take a closer look at a few of Friday’s biggest stock losers.
Biggest Stock Losers
Insys Therapeutics (INSY, -16%): INSYS stock is down -16.2% following a subpoena from the Office of Inspector General of the Department of Health and Human Services.
Opko Health (OPK, -11%): OPK stock skyrocketed during the first 9 months of 2013 but Lakewood Capital’s bearish report on the company has seen its value plummet over the last three days.
Real Goods Solar (RSOL, -8%): RSOL stock is down 8.1% in early Thursday trading and the solar energy company’s stock has been plummeting over the last month, suffering a 32.47% drop.
Anadarko Petroleum (APC, -8%): APC stock took a nosedive after a bankruptcy judge ruled that the oil exploration company could be liable for $5 billion in a lawsuit over liabilities related to a deal to acquire Kerr-McGee in 2006.
Idera Pharmaceuticals (IDRA, -7%): IDRA stock fell 6.73% in early Thursday trading after enjoying a remarkable year that saw its value rise 322%.