NYSE:KSP, NASDAQ:CPLP, NYSE:BBW were the Biggest Losing Shipping Stocks as Reported by Penny Stock Pick Alert
K-Sea Transportation Partners L.P. (NYSE:KSP) plunged $2.86 or 20.43% to close at $11.14
(EMAILWIRE.COM, October 30, 2009 ) Dallas, TX - K-Sea Transportation Partners L.P. (NYSE:KSP) plunged $2.86 or 20.43% to close at $11.14 on a volume of over 2.66 million shares after the company cut its dividend and warned about possible covenant breaches yesterday. Tysseland downgraded K-SEA to "Sell" from "Hold" and set a price target of $11.50 on the company's stock.
Capital Product Partners L.P. (NASDAQ:CPLP) plunged $0.66 or 6.72% to close at $9.16 on a volume of over 709K shares. The stock hit an intraday high and intraday low of $9.85 and $8.77 respectively. So far the stock price jumped over 3% in last six months. Capital Product Partners L.P. is an international owner of product tankers. The Company is engaged in the seaborne transportation services of crude oil and refined petroleum products, edible oils and soft chemicals, by chartering its vessels under medium to long-term time and bareboat charters.
Build-A-Bear Workshop, Inc (NYSE:BBW) was also the active loser in today’s trading session and fell 5.01% to end the day at $5.31 on unusual volume of over 347K shares after posted a wider quarterly loss as weak demand in North America offset higher sales in Europe, sending its shares down 5 percent. For the third quarter, the retailer, which lets customers make their own stuffed animals, posted a loss of $4.8 million, or 25 cents a share, compared with a net loss of $2.0 million, or 11 cents a share, a year ago. Revenue fell 14.4 percent to $91.7 million
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Capital Product Partners L.P. (NASDAQ:CPLP) plunged $0.66 or 6.72% to close at $9.16 on a volume of over 709K shares. The stock hit an intraday high and intraday low of $9.85 and $8.77 respectively. So far the stock price jumped over 3% in last six months. Capital Product Partners L.P. is an international owner of product tankers. The Company is engaged in the seaborne transportation services of crude oil and refined petroleum products, edible oils and soft chemicals, by chartering its vessels under medium to long-term time and bareboat charters.
Build-A-Bear Workshop, Inc (NYSE:BBW) was also the active loser in today’s trading session and fell 5.01% to end the day at $5.31 on unusual volume of over 347K shares after posted a wider quarterly loss as weak demand in North America offset higher sales in Europe, sending its shares down 5 percent. For the third quarter, the retailer, which lets customers make their own stuffed animals, posted a loss of $4.8 million, or 25 cents a share, compared with a net loss of $2.0 million, or 11 cents a share, a year ago. Revenue fell 14.4 percent to $91.7 million
ABOUT www.PennyStockPickAlert.com
Penny Stock Pick Alerts by PennyStockPickAlert.com. If you are planning to invest into Stock Market then you must subscribe to Free Stock Newsletter and Alerts. We are a leading stock web site that provides free stock alerts on hot penny stocks that are poised to make big gains. We also tracks small cap penny stocks that could be on the brink of a massive breakout.
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PennyStockPickAlert.com
Robert Wilson
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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