5 Stocks Dragging Markets This Afternoon

Through most of the trading day on Thursday, September 1, 2011, the Dow (NYSE:DIA) is down 94 points to 11,519, the NASDAQ (NASDAQ:QQQ) is down 31 points to 2,547 and the S&P500 (NYSE:SPY) is down 12 points to 1,206. Here are some of today’s biggest losers by price.

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SAIC, Inc. (NYSE:SAI) is among the price losers in the market, as its shares are trading at $13.04, which is $1.95 (-13.1%) below the previous close of $15. Investors continue to sell off shares following the company’s latest earnings release. SAIC, Inc. provides scientific, engineering, systems integration and technical services and solutions to all branches of the U.S. military and other government entities.

Stock Price Performance: From July 6, 2011, to August 31, 2011, the stock price had fallen $1.48 (-9%) from $16.48 to $15. The stock price saw one of its best stretches over the last year between March 16, 2011 and March 24, 2011 when shares rose for seven straight trading days, rising 4.5% (+74 cents). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 8.6% (-$1.44).

Polycom, Inc. (NASDAQ:PLCM) is among the market losers in price, as its stock price fell by $1.82 (-8%) to $21.90. Polycom, Inc. is a global provider of high-quality, easy-to-use communications solutions that enable enterprise, government, education and healthcare customers to more effectively collaborate over distance, time zones and organizational boundaries.

Stock Price Performance: From July 6, 2011, to August 31, 2011, the stock price had fallen $9.73 (-29%) from $33.53 to $23.80. The stock price saw one of its best stretches over the last year between May 24, 2011 and June 6, 2011 when shares rose for nine straight trading days, rising 14.7% (+$3.91). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 15.5% (-$4.75).

RPM International Inc. (NYSE:RPM) is one of the price losers, as its shares are trading at $19.59, down $1.29 (-6%) from the previous close of $20.84. RPM International Inc. manufactures, markets and sells various specialty chemical product lines, including high-quality specialty paints, protective coatings, roofing systems, sealants and adhesives.

Stock Price Performance: From July 6, 2011, to August 31, 2011, the stock price had fallen $2.27 (-9.8%) from $23.11 to $20.84. The stock price saw one of its best stretches over the last year between March 22, 2011 and April 5, 2011 when shares rose for 11 straight trading days, rising 8.7% (+$1.94). It saw one of its worst periods between July 25, 2011 and August 2, 2011 when shares fell for seven straight trading days, falling 11.5% (-$2.62).

MFA Financial, Inc. (NYSE:MFA) is among the price losers in the market, as its shares are trading at $7.09, which is 38 cents (-5.4%) below the previous close of $7.49. MFA Financial, Inc. is engaged in the business of investing, on a leveraged basis, in residential Agency and Non-Agency MBS.

Stock Price Performance: From July 6, 2011, to August 31, 2011, the stock price had fallen 53 cents (-6.6%) from $8.02 to $7.49. It saw one of its worst periods between April 4, 2011 and April 12, 2011 when shares fell for seven straight trading days, falling 4% (-31 cents). The stock price saw one of its best stretches over the last year between June 30, 2011 and July 8, 2011 when shares rose for six straight trading days, rising 3.7% (+29 cents).

Greif, Inc. (NYSE:GEF) is one of the price losers, as its shares are trading at $50.06, down $5.76 (-10.4%) from the previous close of $55.86. Greif Inc produces industrial packaging products with manufacturing facilities located in over 45 countries. Its products are steel, fibre and plastic drums, intermediate bulk containers, closure systems for industrial packaging etc.

Stock Price Performance: From July 6, 2011, to August 31, 2011, the stock price had fallen $10.84 (-16.3%) from $66.70 to $55.86. The stock price saw one of its best stretches over the last year between June 28, 2011 and July 7, 2011 when shares rose for seven straight trading days, rising 4.3% (+$2.77). It saw one of its worst periods between July 25, 2011 and August 8, 2011 when shares fell for 11 straight trading days, falling 23.3% (-$14.99).