Among the biggest losers in Tuesday’s early trading are Bank of Ireland (NYSE: IRE), Arkansas Best (Nasdaq: ABFS) and Sealy (NYSE: ZZ). Top Percentage Losers — Tuesday, May 25, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Loss 52-Week High 52-Week Low Arkansas Best (Nasdaq: ABFS) $21.35 -17.9% $34.56 $21.39 Bank of Ireland (NYSE: IRE) $4.61 -9.1% $20.18 $4.33 Sealy (NYSE: ZZ) $3.02 -5.0% $4.24 $1.51 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000 shares. All percentage returns… Read More
Among the biggest losers in Tuesday’s early trading are Bank of Ireland (NYSE: IRE), Arkansas Best (Nasdaq: ABFS) and Sealy (NYSE: ZZ). Top Percentage Losers — Tuesday, May 25, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Loss 52-Week High 52-Week Low Arkansas Best (Nasdaq: ABFS) $21.35 -17.9% $34.56 $21.39 Bank of Ireland (NYSE: IRE) $4.61 -9.1% $20.18 $4.33 Sealy (NYSE: ZZ) $3.02 -5.0% $4.24 $1.51 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000 shares. All percentage returns are listed as of 11:00AM Eastern Standard Time. Click on ticker symbols for up-to-the-minute price quotes and percentage gain data. European Bank Stocks Portend Darker Clouds Tuesday’s -19% drop in shares of Bank of Ireland (NYSE: IRE) are a fairly big deal – for American investors. The sharp decline highlights the increasing likelihood that some sort of major intervention – on behalf of the bank or the entire Irish economy – will be necessary. Similar weak action in Spanish banks such as Banco Santander (NYSE: STD) implies similar distress on… Read More