by Burke Speaker | December 4, 2013 10:55 am
In early trading Wednesday, Express (EXPR) and Sears (SHLD) were among the stocks that were the biggest stock losers. EXPR stock and SHLD 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 Wednesday’s 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.
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