The past 12 months have been tough on a lot of companies, and a lot of investors have lost a great deal of money due to the fall of so many stocks. On the top of the list of bad stocks are the ones mentioned here. These are the stocks that have fallen the most since March of 2009, and the ones that show companies not weathering the economic storm well.
Over the past 12 months, these are the stocks that have fallen the most and cost their investors the most.
- GameStop Corporation was doing quite well in March of 2009, but disappointing game sales and the loss of the chief financial officer of the company have hurt the company. Since last year, the stock of GameStop has fallen 22.9 percent, down to $18.08. A big drop came in February, when on one day the stock of the company fell 7.2 percent alone.
- MetroPCS Communications was another stock doing well in 2008, but by 2009 the company was beginning to suffer trouble, including losing half their profits in the second quarter. The announcement of that loss caused the stock to fall 29 percent in one day. Currently, the stock has fallen by 54.9 percent from last year, down to only $6.38 currently.
- Apollo Group Inc. has not fallen as far as other stocks, and it still trades high, but the company has had some difficult financial reports issued, showing that the company is in trouble. The company’s stock currently trades at $62.39, which is 6.6 percent below what it was trading at one year ago.
- MEMC Electronic Materials Inc. was doing well when the stimulus package was announced, but with the decline in silicon prices, the company has taken a big hit going down 8.9 percent to $12.90. In one day in February, the stock took a big 15 percent hit alone due to poor earnings and losses for the fourth quarter of 2009.
- Dean Food Corporation has fallen 16.4 percent to $16, which does not bode well for the largest dairy company in the United States. The company fell 14 percent in February alone due to the company not reaching its profit expectations forecast by the company for the month.
There are several stocks that are doing well and have improved greatly in the past 12 months. However, not all stocks are doing well and the companies mentioned here are companies that may continue to see economical trouble. When the lists of the worst performing stocks of 2010 are announced, you may see these companies listed again. That is unless the companies begin to rebound and find ways to increase profits and therefore, increase their stock price. Only time will tell to see if these companies see improvements on their stock prices. For those who invest in these companies, they can only hope the stock starts going up, after going down for a year.
