Virgin Mobile (NYSE VM) Quaterly loss takes shares down. Falls to $1.90 from 52-week high of $15.69.
Bear Stearns (NYSE: BSC) Market still believes that company has severe balance sheet problems. Sells down to $50.58 from 52-week high of $159.36.
Ford Motor (NYSE: F) Research firm downgrade coupled with high gas prices. Drops to $5.12 from 52-week high of $9.70.
General Motors (NYSE: GM) Chrysler is closing down for two weeks. All industry news is bad. All the way down to $19.15 from 52-week high of $43.20.
Sigma Designs (NASDAQ: SIGM) Outlook for next quarter well below expectations. Down to $20.10 from 52-week high of $73.
Charter Communications (NASDAQ: CHTR) Cable company has over $19 billion in debt and just placed another $1 billion in junk bonds. Sells off to $.61 from 52-week high of $4.93.
Douglas A. McIntyre