Dallas, TX 11/13/2009 11:59:36 PM
News / Business

Biggest NASDAQ Stocks Losers are BIOF, LIME, ZAGG

Stocks Losers

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BioFuel Energy Corp. (NASDAQ:BIOF) declines 21.54% to $1.42 after the company yesterday announced its third quarter results. For the three months ended September 30, 2009, revenues totaled $91.1 million, which was comprised of $79.8 million from sales of ethanol and $11.3 million from sales of distiller’s grain. Net loss attributable to common shareholders was $6.2 million, or $.26 a share, for the three months ended September 30, 2009. The net loss for the three months ended September 30, 2009 was $8.4 million, which included $2.2 million of losses attributable to non controlling interests.

 

Lime Energy Co. (NASDAQ:LIME) went down 18.77% to $5.15 after the company yesterday reported that its third-quarter net loss available to common stockholders was $4.19 million or $0.26 per share, compared to a loss of $3.14 million or $0.36 per share in the same quarter last year. The operating loss declined 15% or $269 thousand to $1.521 million during the third quarter of 2009 from $1.79 million in the year earlier period.

 

Zagg Inc(NDA) (NASDAQ:ZAGG) decreases 18.75% to $4.55 after the company yesterday reported third quarter 2009 earnings. Net sales for the quarter ended September 30, 2009 were $9,728,528, an increase of 42% compared to net sales of $6,854,916 for the quarter ended September 30, 2008. Net sales for the nine months ended September 30, 2009 were $26,964,159, an increase of 116% compared to net sales of $12,460,812 for the nine months ended September 30, 2008.

 

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