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http://www.investorplace.com/2012/07/wall-streets-biggest-winne
Capturing the infamous award for biggest loser in the second quarter was
coal mining firm Alpha Natural Resources (NYSE:ANR), which sank almost 43%
from April through June. The energy company suffered the big loss partly
because of falling coal prices and the lack of demand for coal in countries
like China. Fashion retailer Fossil (NASDAQ:FOSL) got slammed when it failed
to meet revenue expectations, and when it warned of lost revenue from the
slowdown in Europe. The stock sank 42% during the quarter. Finally, the
problems for DVD rental firm Netflix (NASDAQ:NFLX) continued in Q2, with
investors dumping the troubled stock to the tune of more than 40%.
Capturing the infamous award for biggest loser in the second quarter was
coal mining firm Alpha Natural Resources (NYSE:ANR), which sank almost 43%
from April through June. The energy company suffered the big loss partly
because of falling coal prices and the lack of demand for coal in countries
like China. Fashion retailer Fossil (NASDAQ:FOSL) got slammed when it failed
to meet revenue expectations, and when it warned of lost revenue from the
slowdown in Europe. The stock sank 42% during the quarter. Finally, the
problems for DVD rental firm Netflix (NASDAQ:NFLX) continued in Q2, with
investors dumping the troubled stock to the tune of more than 40%.
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