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 Wednesday’s biggest stock losers.
Biggest Stock Losers
Turquoise Hill Resources Ltd (TRQ, -25%): TRQ stock took a tumble in early Tuesday trading. The stock drop left TRQ down 52% year to date.
Express Inc (EXPR, -19%): EXPR stock suffered loses after the company reported third-quarter results, missing the earnings per share estimate by $0.02 but beating on revenues.
El Paso Pipeline Partners Lp (EPB, -9%): EPB stock took a hit when the company announced its earnings and investors saw missed earnings expectations and revenue. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.47 by $0.07. The company had revenue of $369.00 million for the quarter, lower than the consensus estimate of $384.83 million.
Sears Holdings Corp (SHLD, -8%): SHLD stock fell during a time of the year Sears should have seen an increase — due to holiday shopping. But it seems Black Friday shoppers just weren’t in the high numbers of years past. The National Retail Federation revealed that consumers made a sizable decline in spending over the Thanksgiving weekend.
Omnivision Technologies (OVTI, -7%): A less than stellar earnings report saw OVTI stock drop 7% in early Wednesday trading. The stock is still up 4% year to date.