5 Stocks Getting Sold Off This Afternoon

Through most of the trading day on Tuesday, September 6, 2011, the Dow (NYSE:DIA) is down 122 points to 11,059, the NASDAQ (NASDAQ:QQQ) is down 13 points to 2,467 and the S&P500 (NYSE:SPY) is down 11 points to 1,162. Here are some of today’s biggest losers by price.

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Chesapeake Energy Corporation (NYSE:CHK) is one of the price losers, as its shares are trading at $30.22, down $1.89 (-5.9%) from the previous close of $32.11. “We are in the market today for a Utica Joint Venture,” Aubrey McClendon, Chesapeake’s CEO told the Barclays’ CEO Energy-Power conference.┬áChesapeake Energy Corp. is a company that explores and develops properties for the production of crude oil and natural gas from underground reservoirs.

Stock Price Performance: From June 9, 2011, to September 2, 2011, the stock price had risen $2.45 (8.3%) from $29.66 to $32.11. The stock price saw one of its best stretches over the last year between January 4, 2011 and January 12, 2011 when shares rose for seven straight trading days, rising 6.4% (+$1.66). It saw one of its worst periods between May 10, 2011 and May 17, 2011 when shares fell for six straight trading days, falling 8% (-$2.52).

Shares of The Blackstone Group L.P. (NYSE:BX) are trading at $12.21, down 81 cents (-6.3%) from the previous close of $13.02. The announcement of the Carlyle IPO coming to market soon is putting a little pressure on Blackstone shares today. The Company is a global alternative asset manager and a provider of financial advisory services.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $3.85 (-22.8%) from $16.87 to $13.02. The stock price saw one of its best stretches over the last year between March 16, 2011 and March 28, 2011 when shares rose for nine straight trading days, rising 17.5% (+$2.77). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 10.5% (-$1.79).

Shares of Informatica Corporation (NASDAQ:INFA) are trading at $35.99, down $2.25 (-6.3%) from the previous close of $38.43. Informatica Corporation is an independent provider of enterprise data integration and data quality software and services.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $22.48 (-36.9%) from $60.91 to $38.43. The stock price saw one of its best stretches over the last year between March 17, 2011 and March 25, 2011 when shares rose for seven straight trading days, rising 11% (+$5.11). It saw one of its worst periods between July 6, 2011 and July 15, 2011 when shares fell for eight straight trading days, falling 12.5% (-$7.62).

Shares of Banco Santander (Brasil) S.A. (NYSE:BSBR) are trading at $9.04, down 60 cents (-6.3%) from the previous close of $9.65. A multiple service bank, conducting commercial banking, foreign exchange, investment, credit and financing, mortgage loan, leasing portfolio, insurance, pension plan, capitalization, leasing, asset management, securities & insurance brokerage operations.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $1.48 (-13.3%) from $11.13 to $9.65. The stock price saw one of its best stretches over the last year between December 20, 2010 and January 3, 2011 when shares rose for 10 straight trading days, rising 9.7% (+$1.19). It saw one of its worst periods between June 30, 2011 and July 14, 2011 when shares fell for 10 straight trading days, falling 14.1% (-$1.65).

Rpc Inc. (NYSE:RES) is among the market losers in price, as its stock price fell by $1.47 (-6.1%) to $23.09. RPC Inc. provides a range of specialized oilfield services and equipment mainly to independent and oil and gas companies engaged in the exploration, production and development of oil and gas properties.

Stock Price Performance: From August 5, 2011, to September 2, 2011, the stock price had risen $5.14 (26.4%) from $19.45 to $24.59. The stock price saw one of its best stretches over the last year between April 12, 2011 and April 25, 2011 when shares rose for nine straight trading days, rising 21.1% (+$4.61). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 16.5% (-$4.42).

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