Sunday, April 21, 2013

Losers

Source:
http://www.fool.com/investing/general/2013/04/20/last-weeks-big-dow-losers-10.aspx



...And the biggest Dow loser this week was IBM (NYSE: IBM  ) , as shares dropped 10.11% over the past five trading days. The biggest decline came on Friday, when the stock fell 8.28% after the company announced earnings for the first quarter and announced that it missed on both the top and bottom lines. Analysts wanted to see revenue of $24.62 billion and earnings per share of $3.05, but IBM managed to bring in only $23.41 billion in revenue, resulting in bottom-line EPS of only $2.70. Investors clearly were disappointed with the results, but the bigger question is whether this is just a one-time fluke for IBM. Is the company is losing its luster? Investors will have to follow IBM over the next few quarters to find out, but be prepared for some volatile days ahead.

Other Dow losers this week:


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