These 4 Stocks Finished The Week At 1-Year Lows
The U.S. markets finished off a great week with a strong day of Friday trading. The S&P 500 jumped nearly 19 points on Friday and finished off the week up nearly 2.7 percent.
However, some stocks did not join in on the rest of the market's fun this week.
In fact, these four stocks finished the week at 52-week lows.
Youku Tudou Inc (NYSE: YOKU)
Following a disappointing Q4 earnings report, Deutsche Bank cut Youku to Sell, citing increasing competition and falling market share numbers. The company plans to aggressively invest in reviving the business in 2015, but Deutsche Bank says the efforts are "likely too late."
Youku shares fell nearly 11 percent on Friday to new 52-week lows and are now down more than 53 percent in the past year.
Related Link: Why It's Too Late For Youku Tudou
Tidewater Inc (NYSE: TDW)
With crude oil prices hovering near multi-year lows, it's not surprising to see an oil services stock on this list.
Tidewater's downward momentum continued this week, as a 3.2 percent drop on Friday capped off an 11.7 percent fall for the week to new 52-week lows. Tidewater shares are now down more than 55 percent in the past year.
Weight Watchers International Inc (NYSE: WTW)
Credit Suisse downgraded Weight Watchers on Tuesday and bluntly explained that "it has become increasingly apparent that the product and marketing changes employed by the company for this January weight loss season were less effective than expected."
The downgrade sent the already-battered stock reeling this week.
Weight Watchers stock plunged 8.6 percent on Friday and 17.8 percent on the week. The stock is now down more than 65 percent in the past six months.
Vince Holding Corp (NYSE: VNCE)
Vince is another stock that has yet to find its footing following disappointing earnings. The company reported Q4 revenue of $94.7 million, well short of consensus expectations of $99.0 million.
After crashing 16.3 percent on Thursday, Vince stock fell another 6.2 percent on Friday and ended the week down 19.1 percent. The stock is now down 49 percent in the past six months.
The weekend just couldn't come quickly enough for shareholders of these four names, and investors are hoping that next week will bring some better news.
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