Dallas 5/6/2010 10:50:41 PM
News / Business

Thursday`s Top 5 Volume Stock Losers (JDSU, TWC, SIRI, ALU, STP)

Volume Losers

 

JDS Uniphase Corporation (NASDAQ:JDSU) plunges 18.32% to $11.19. The company today reported results for its third fiscal quarter ended April 3, 2010. Net revenue for the third fiscal quarter was $332.3 million and the net loss was $(11.9) million, or $(0.05) per share. This compares to net revenue of $342.9 million and a net loss of $(19.5) million or $(0.09) per share for the prior quarter, and net revenue of $279.1 million and a net loss of $(101.7) million or $(0.47) per share for the third fiscal quarter of 2009.

 

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Time Warner Cable Inc. (NYSE:TWC) lost 5.36% to $52.04.

 

Sirius XM Radio Inc. (NASDAQ:SIRI) decreases 8.93% to $1.02 on 62.98 million shares.

 

Alcatel-Lucent (ADR) (NYSE:ALU) falls 11.09% to $2.68. The company reported a wider first-quarter loss on 9.8% lower revenue, and it affirmed its 2010 outlook. The loss was 515 million euros ($660.4 million), or 0.23 euro a share, compared with 402 million euros, or 0.18, in the year-earlier quarter.

 

Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is down 9.19% to $11.17 on 3.21 million shares.

 

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