5 of Last Week’s Biggest Losers: SandRidge Energy Inc. (SD) and More

There’s never a shortage of losers in the stock market. Let’s take a closer look at five of this past week’s biggest sinkers.

Company Feb. 8 Weekly Loss My Watchlist
Nuance Communications (NASDAQ:NUAN) $20.00 18% Add
SandRidge Energy (NYSE:SD) $5.79 13% Add
TriQuint Semiconductor (NASDAQ:TQNT) $4.83 12% Add
Baidu (NASDAQ:BIDU) $96.86 11% Add
Star Scientific (NASDAQ:STSI) $1.91 11% Add

Source: Barron’s.

Nuance Communications Inc. (NASDAQ:NUAN) suffered its sharp slide on Friday after posting disappointing quarterly results. The pioneer of speech recognition came up short on the bottom line, but the real dagger came in the form of hosing down its bottom-line projections for the near term.

SandRidge Energy Inc. (NYSE:SD)SandRidge Energy Inc. (NYSE:SD) also ran low on fuel after downgrades by analysts at Ladenburg Thalmann on Monday and JPMorgan on Tuesday. Activist investors are trying to shake up the oil and gas producer’s leadership, but the company is now warning that replacing its board would lead to a technical default of its credit agreement on its senior notes.

TriQuint Semiconductor (NASDAQ:TQNT) suffered its double shot of analysts downgrades, as Longbow and Needham talked down the company’s prospects after issuing soft guidance. TriQuint is projecting a sharp sequential drip in revenue and a big deficit. Wall Street’s consensus was calling for breakeven results on a much smaller sequential top-line decline.

Baidu.com, Inc. (ADR) (NASDAQ:BIDU) slipped after posting uninspiring quarterly financials. China’s leading search engine suffered contracting profit margins and offered up ho-hum guidance. TH Capital downgraded Baidu after the report.

Finally, Star Scientific, Inc. (NASDAQ:STSI) suffered a 10% slide a week earlier after disputing claims TheStreet.com made on its anatabine research and the initial results of the ASAP Human Thyroid Health Study. The columnist fired back a day later. The fireworks have subsided, and there were no material developments this past week, but confidence is still rattled. The stock suffered another double-digit percentage decline this time.

Ready for a bounce
If you owned some of these losers, how about following the smart money into winners?

The article 5 of Last Week’s Biggest Losers originally appeared on Fool.com and is written by Rick Aristotle Munarriz.

Longtime Fool contributor Rick Aristotle Munarriz has no position in any stocks mentioned. The Motley Fool recommends Baidu and Nuance Communications and owns shares of Baidu, Nuance Communications, and TriQuint Semiconductor.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Top Reasons For Getting Fired

The 3 Best States to Start an LLC

10 Jobs That Allow You to Travel

7 High-Paying Jobs You Can Do From Home

12 Best Cities to Shop in USA

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!