8 stocks that hurt investor prospects
This past week was another of serious recovery for the broad stock market. The S&P 500 rallied 4.1% and ended up a sharp 7.9% from the lows put in during the selling madness of the prior week. Meanwhile, the Dow Jones Industrial Average (DJIA) ended up 2.6% on the week and was 6% higher than the selling climax lows of the prior week. All that considered, earnings season has not exactly been a boom for all major companies. Some of them had news out that very likely changed their fortunes for the worse - perhaps much, much worse.
24/7 Wall St. has tracked eight stocks that may have literally destroyed the near-term future for their stocks and for their investors.