Monday, April 15th, 2013 – Major Stock Market Headlines, Losers, Highest Stock Gainers, Top Advancers & Decliners.
Stock Market Headlines
“Stocks finished at session lows Monday, posting their sharpest one-day drop this year, as disappointing economic data from China triggered a selloff in commodities. Major averages added to their losses following two explosions at the Boston Marathon finish line around 3pm ET”.
The DJIA index fell 265.86 points to end the day at 14,599.20, a 1.79% decline. Both the S&P and Nasdaq fell more than 2% apiece, with the S&P 500 falling 34.49 points (-2.30%) and the Nasdaq dropping 78.46 points (-2.38%).
Most Active Stocks – Top Losers by Percentage Points (NYSE & NASDAQ)
- UniTek Global Services Inc. was the biggest stock loser across the NYSE and Nasdaq, dropping 49.50% to end the day at $1.52. Investors scrambled to sell the company’s stock after it reported on Friday April 12, 2013, “that it would restate its financial results for fiscal years 2011 and 2012 because several employees engaged in fraudulent activities that resulted in improper revenue recognition."
- Shares of Homex Development Corp. (ADR) were the next highest stock losers dropping 19.46% to end the day at $2.51. Last week Thursday, the firm reported financial results that disappointed investors
- Ceres Inc.’s stock was the third biggest loser after the company’s shares fell 17.16%. Investors rushed to sell the company’s shares after it reported a profit miss and a reduction in its Q1 earnings guidance
Most Active Stocks – Top Gainers by Percentage Points (NYSE & NASDAQ)
Good luck in your investing. Let us know if you have any questions, comments or feedback,
MarketConsensus Stock Analysis Team
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