Wednesday’s Biggest Stock Losers: EXPR, SHLD and More

by Burke Speaker | December 4, 2013 10:55 am

In early trading Wednesday, Express (EXPR[1]) and Sears (SHLD[2]) were among the stocks that were the biggest stock losers. EXPR stock and SHLD stock weren’t the only ones that suffered though.

winnerslosers185 150x150 Wednesday's Biggest Stock Losers: EXPR, SHLD and More

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[3], -25%): TRQ stock took a tumble in early Tuesday trading. The stock drop left TRQ down 52% year to date.

Express Inc (EXPR[1], -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[4], -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[2], -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[5], -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.

Endnotes:
  1. EXPR: http://studio-5.financialcontent.com/investplace/quote?Symbol=EXPR
  2. SHLD: http://studio-5.financialcontent.com/investplace/quote?Symbol=SHLD
  3. TRQ: http://studio-5.financialcontent.com/investplace/quote?Symbol=TRQ
  4. EPB: http://studio-5.financialcontent.com/investplace/quote?Symbol=EPB
  5. OVTI: http://studio-5.financialcontent.com/investplace/quote?Symbol=OVTI

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