Dallas 5/8/2010 1:09:30 AM
News / Business

Biggest Percentage Stock Losers (LEAP, SQNM, SD, CLNE)

Percentage Stock Losers

 

Leap Wireless International, Inc. (NASDAQ:LEAP) plunges 12.51% to $14.68 on 5.08 million shares. The company on Thursday reported a fiscal first-quarter loss of $68 million, or 90 cents a share, compared with a loss of $50.3 million, or 74 cents a share, for the year-earlier period. Revenue grew to $654 million from $587 million for the same quarter the previous year.

 

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Sequenom, Inc. (NASDAQ:SQNM) lost 10% to $5.04 on 2.89 million shares. The company reported net lossfor the first quarter of 2010 of $16.9 million, or $0.27 per share, compared to a net loss of $17.5 million, or $0.29 per share in the comparable quarter a year earlier.

 

SandRidge Energy Inc. (NYSE:SD) decreases 6.34% to $6.35 on 12.63 million shares. The company posted a lower-than-expected first-quarter profit, hurt by lower production, and cut its full-year production and spending view. For the latest first quarter, the company's net income was $18.6 million, or 9 cents a share, compared with a loss of $1.2 billion, or $7.07 per share, a year earlier. Adjusted profit was a cent a share.

 

Clean Energy Fuels Corp. (NASDAQ:CLNE) falls 8.11% to $14.85 on high volume. The company reported that its first-quarter net loss to company widened to $24.37 million from $6.49 million last year. Loss per share to company was $0.41 compared to a loss of $0.13 per share prior year.

 

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