Market Overview

Morning Market Losers

Related BBY
Deutsche Bank: RadioShack Corporation Loss Is Gain For Best Buy Co Inc
Morgan Stanley Comments On Target Corporation, Office Depot Inc And Other Hardline & Discount Retailers
Auto Sales Fueled by … Subprime Loans (Fox Business)
Related NUS
Stocks Hitting 52-Week Lows
S&P 500 Falls To Two-Month Low, Dow Drifts Further Away From The 17,000 Mark
Herbalife Tumbles as FBI Probe Comes to Light (Fox Business)

Best Buy Co (NYSE: BBY) plummeted 26.35% to $27.67 after the company reported a 0.8% drop in its comparable store sales for the nine weeks ended January 4. Oppenheimer downgraded Best Buy from Outperform to Market Perform and cut the price target from $50.00 to $30.00.

Nu Skin Enterprises (NYSE: NUS) dropped 20.85% to $91.20. Shen reported that China MOFCOM will check company's operations following The People's Daily report. Canaccord Genuity downgraded the stock from Buy to Hold.

Alamos Gold (NYSE: AGI) dropped 12.65% to $10.91 after the company issued a weak Q4 outlook.

Ossen Innovation Co (NASDAQ: OSN) dropped 10.26% to $1.05. Ossen Innovation shares have jumped 44.44% over the past 52 weeks, while the S&P 500 index has gained 24.81% in the same period.

Posted-In: market losersNews Movers & Shakers Intraday Update Markets

 

Related Articles (BBY + AGI)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters