Monday’s Biggest Stock Losers: VFC, TSRO and More

by Karl Utermohlen | December 23, 2013 12:28 pm

Monday’s Biggest Stock Losers: VFC, TSRO and More

Monday morning’s biggest stock losers included names like TSRO and YGE.

winnerslosers185 Mondays Biggest Stock Losers: VFC, TSRO and More[1]As the market posted gains in early trading Monday, several companies had a rocky start to their week.

Here are Monday’s biggest stock losers.

Biggest Stock Losers

Tesaro (TSRO[2], -24%): TSRO shares are down 24% after clinical trials showed[3] that its experimental drug to treat nausea in patients undergoing chemotherapy was weak.

Yingli Green Energy (YGE[4], -6%): YGE is one of the day’s biggest stock losers with shares down almost 6% in early trading Monday.

Renesola (SOL[5], -5%): SOL stock is down 5% after the company announced that the Canadian Standards Association (CSA) certified its ReneSola Jiangsu Product Center Laboratory[6].

Michael Kors Holdings (KORS[7], -4%): KORS shareholders had a great year with shares up 57% YTD. However, KORS stock is down 4% in early trading Monday.

CytRx (CYTR[8], -4%): CYTR stock continues its downward spiral with shares down 4% today and 22% over the last five days.

Micron Technology (MU[9], -3%): Micron Technology rounds up the day’s biggest stock losers with MU shares down 3.25%.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2013/10/winnerslosers185.jpg
  2. TSRO: http://studio-5.financialcontent.com/investplace/quote?Symbol=TSRO
  3. clinical trials showed: http://www.reuters.com/article/2013/12/23/us-tesaro-study-cancer-idUSBRE9BM0E220131223
  4. YGE: http://studio-5.financialcontent.com/investplace/quote?Symbol=YGE
  5. SOL: http://studio-5.financialcontent.com/investplace/quote?Symbol=SOL
  6. certified its ReneSola Jiangsu Product Center Laboratory: http://www.sacbee.com/2013/12/23/6022475/renesola-solar-panels-lab-certified.html
  7. KORS: http://studio-5.financialcontent.com/investplace/quote?Symbol=KORS
  8. CYTR: http://studio-5.financialcontent.com/investplace/quote?Symbol=CYTR
  9. MU: http://studio-5.financialcontent.com/investplace/quote?Symbol=MU

Source URL: http://investorplace.com/2013/12/biggest-stock-losers-tsro-yge/
Short URL: http://invstplc.com/1nuRncx