Benzinga’s Biggest Losers (CWTR, DRAM, CONN, BNHN, SQNM, ZQK)
Coldwater Creek Inc. (NASDAQ: CWTR)plunged 15.51% to $4.52 huge volume of 2.99 million shares after CWTR reported its third quarter net loss of $33.9 million against $1.3 million loss from the same quarter last year. CWTR’s net sales for the third quarter stood at $266.6 million from $228.4 million in the year ago period.
Dataram Corporation (NASDAQ: DRAM) plummeted 21% to $4.25 on 1.47 million shares after DRAM reported second quarter revenues of $10.7 million against $7.1 million from the same quarter last year.
CONN'S, Inc. (NASDAQ: CONN) declined 13.56% to $5.48 CONN announced today that it made a loss of $15.3 million or $0.68 a share from a loss of $7.7 million or $0.35 per share in the year ago period.
Benihana Inc. (NASDAQ: BNHN) plunged 31.53% to $3.80 after BNHN posted a surprise quarterly loss hurt by lower-than-expected same store sales and costs related to ongoing restaurant renovations, and said it was withdrawing its fiscal 2010 forecast.
Sequenom, Inc. (NASDAQ: SQNM) declined 11.54% to $3.91 on after running up 40% yesterday as investors speculated that the diagnostics company will soon release positive data regarding its prenatal Down syndrome test. So far this year, SQNM is down over 80%.
Quiksilver, Inc. (NYSE: ZQK) is trading at $1.78, decreased by $0.09 or 4.87%. In the past one month, ZQK is down over 27%.
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