8 stocks that hurt in­vestor prospects

Financial Mirror (Cyprus) - - FRONT PAGE -

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.

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