Although the broad equity markets turned in third consecutive positive week so far in 2013, these companies went the opposite direction and missed the big rally.
Finisar Corporation (NASDAQ:FNSR) was in the top losers list on Friday after Jefferies & Co. recommended investors to sell the stock citing possible rivalry from Intel Corp. (NASDAQ:INTC) and Cisco Systems Inc. (NASDAQ:CSCO).[article_detail_ad_1]
School Specialty, Inc. (NASDAQ:SCHS) tumbled 10.28% to suffer its worst price since IPO.
Nam Tai Electronics, Inc. (NYSE:NTE) fell 7.69%, extending its weekly fall to about 20%.
LDK Solar Co., Ltd (ADR) (NYSE:LDK) lost 7.58% on Nomura Securities view.
Amarin Corporation plc (ADR) (NASDAQ:AMRN) declined 7.53% as investors weighed a sign of U.S. consumer pessimism against news of growth in China.
Capital One Financial Corp. (NYSE:COF) retreated 7.47% after it missed estimates on increase in loss reserves.
Wipro Limited (ADR) (NYSE:WIT) was down 7.16% after the company declared interim dividend.
Trius Therapeutics, Inc. (NASDAQ:TSRX) traded lower after pricing 6.3 Mln shares offering at $4.75/shr.
Allied Nevada Gold Corp. (NYSEAMEX:ANV) fell 5.26% after providing H1, H2 2013 production outlook.
NewLead Holdings Ltd (NASDAQ:NEWL) lost 5.1% on appointment of Michael Zolotas as Chairman.
Monster Beverage Corp (NASDAQ:MNST) retreated 4.05% amid elevated inquiry of the health impact of energy drinks.
United Continental Holdings Inc (NYSE:UAL) extended fall after Avondale Partners downgraded the stock from an “outperform” rating to an “underperform” rating.
More on the flip side were Seven Arts Entertainment Inc (PINK:SAPX), First Horizon National Corporation (NYSE:FHN), Groupon Inc (NASDAQ:GRPN), Tesoro Corporation (NYSE:TSO), HollyFrontier Corp (NYSE:HFC) and RF Micro Devices, Inc. (NASDAQ:RFMD).
Turning to active stocks, Advanced Micro Devices, Inc. (NYSE:AMD), Cincinnati Bell Inc.
(), Johnson Controls, Inc. (NYSE:JCI), AuRico Gold Inc (USA) (NYSE:AUQ), Northern Tier Energy LP (NYSE:NTI), Facebook Inc (NASDAQ:FB) and Delta Air Lines, Inc. (NYSE:DAL) all closed below neutral line.