Market Losers
Today's Market Losers include companies from industries Auto & Truck Parts, Personal Services, Mobile Homes & RVs, Computer Peripherals, and Aerospace & Defence. After-hours, all sector seem to have posted a positive change, with Energy Sector being highest having an increase of 1.97% and Consumer / Non-Cyclical Sector posting the lowest growth with .08%.
Tenneco Inc. (Public, NYSE:TEN). Tenneco Inc. earnings fell a lot shorter than what analysts expected forcing the stock to fall 10%. Analysts expected Tenneco Inc. to post 19 cents per share. Company's stock currently trades $23.80 in after hours. Tenneco opened at $24.40, and closed at $23.62. The stock moved as high as $25.83, before settling at the closing price of $23.62.
NutriSystem Inc. (Public, NASDAQ:NTRI). NutriSystem is expected to post EPS between $0.82 and $0.86. Analysts expected the company to post $0.95 Earnings Per Share. This drove down the company's stock to $52.05 down 10.01% or $5.79. The stock was trading at $46.20, a whopping 11.24% decrease in its stock price. It appears that the stock is heading for a good fall tomorrow.
Thor Industries, Inc. (Public, NYSE:THO). Thor is being investigated for accounting irregularities. The company stated that it may need to restate two years of financial results due to accounting issues at a subsidiary unit. Thor Industries stock is currently being traded at $41.51. The stock opnened at $42.49, and dropped to $41.83, down 7.39% or $3.34.
Lexmark International, Inc. (Public, NYSE:LXK) Lexmark posted a not so good forecast of the future prspects of the company for the first quarter of the year. Lexmark's fourth quarter report nonetheless was strong, as it posted a profit growth of 9%. Unfortunately, the bleaker future prospects drove the company's stock down. Lexmark opened at $62.75 before closing at $62.88. Lexmark is currently trading at $62.51 after hours.