by Karl Utermohlen | December 23, 2013 12:28 pm
Monday morning’s biggest stock losers included names like TSRO and YGE.
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, -24%): TSRO shares are down 24% after clinical trials showed that its experimental drug to treat nausea in patients undergoing chemotherapy was weak.
Yingli Green Energy (YGE, -6%): YGE is one of the day’s biggest stock losers with shares down almost 6% in early trading Monday.
Renesola (SOL, -5%): SOL stock is down 5% after the company announced that the Canadian Standards Association (CSA) certified its ReneSola Jiangsu Product Center Laboratory.
Michael Kors Holdings (KORS, -4%): KORS shareholders had a great year with shares up 57% YTD. However, KORS stock is down 4% in early trading Monday.
CytRx (CYTR, -4%): CYTR stock continues its downward spiral with shares down 4% today and 22% over the last five days.
Micron Technology (MU, -3%): Micron Technology rounds up the day’s biggest stock losers with MU shares down 3.25%.
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