Why Are These Five Stocks Losing Ground on Tuesday?

Page 2 of 2

Next up on our list of falling stocks is ReneSola Ltd. (ADR) (NYSE:SOL), as the stock is down by 3% after the company registered a big upside move yesterday, with shares jumping 9% on Monday trading session. Hedge fund sentiment towards ReneSola Ltd. remained steady, with four funds long the stock at the end of September, unchanged over the quarter. Among the bullish funds is Himanshu H. Shah’s Shah Capital Management, with a stake of 4.72 million shares, having boosted its stake by 36% during the three-month period.

Follow Emeren Group Ltd (NYSE:SOL)

Last on our list is Knoll Inc (NYSE:KNL), whose shares are off by 10%. The stock has been dragged down by the overall fall in the business equipment industry after poor results reported by Steelcase Inc. (NYSE:SCS) which missed earnings and revenue expectations. Among the funds we follow, 10 reported long positions in Knoll Inc (NYSE:KNL) as of the end of September, down by two funds from a quarter earlier. Columbus Circle Investors, managed by Clifford Fox, is the largest shareholder of the company among the investors we follow, owning 354,773 shares, according to its latest 13F filing.

Follow Knoll Inc (NYSE:KNL)

Disclosure: none

Page 2 of 2