Bank of America and Netflix Biggest Stock Losers as Dow Jones Declines 2%

Through most of the trading day on Friday, September 2, 2011, the Dow (NYSE:DIA) is down 269 points to 11,223, the NASDAQ (NASDAQ:QQQ) is down 74 points to 2,471 and the S&P500 (NYSE:SPY) is down 32 points to 1,171. Here are some of today’s biggest losers by price.

Investing Insights: Here’s Why Gold is the Commodity Above All Others.

Shares of Bank of America Corporation (NYSE:BAC) are trading at $7.24, down 67 cents (-8.47%) from the previous close of $7.91. Bank of America Corporation is a bank holding and a financial holding company which, through its subsidiaries, provides banking and other financial services and products to customers in the United States and abroad.

Stock Price Performance: From July 7, 2011, to September 1, 2011, the stock price had fallen $3 (-27.5%) from $10.91 to $7.91. The stock price saw one of its best stretches over the last year between December 15, 2010 and December 22, 2010 when shares rose for six straight trading days, rising 8.8% (+$1.08). It saw one of its worst periods between July 7, 2011 and July 19, 2011 when shares fell for nine straight trading days, falling 12.4% (-$1.35).

Netflix, Inc. (NASDAQ:NFLX) is among the market losers in price, as its stock price fell by $21 (-9%) to $212.27. Netflix provides subscription service, streaming movies and TV episodes over the Internet and by mail.

Stock Price Performance: From July 7, 2011, to September 1, 2011, the stock price had fallen $59.15 (-20.2%) from $292.42 to $233.27. The stock price saw one of its best stretches over the last year between March 18, 2011 and March 30, 2011 when shares rose for nine straight trading days, rising 13.6% (+$28.55). It saw one of its worst periods between February 14, 2011 and February 23, 2011 when shares fell for seven straight trading days, falling 14.7% (-$36.35).

Shares of First Solar, Inc. (NASDAQ:FSLR) are trading at $89.92, down $7.02 (-7.24%) from the previous close of $96.94. First Solar, Inc. designs and manufactures solar electric power modules using a proprietary thin film semiconductor technology.

Stock Price Performance: From July 7, 2011, to September 1, 2011, the stock price had fallen $35.93 (-27%) from $132.87 to $96.94. The stock price saw one of its best stretches over the last year between October 20, 2010 and October 28, 2010 when shares rose for seven straight trading days, rising 5.4% (+$7.76). It saw one of its worst periods between March 31, 2011 and April 12, 2011 when shares fell for nine straight trading days, falling 10.7% (-$17.19).

H&R Block Inc. (NYSE:HRB) is among the market losers in price, as its stock price fell by $1.88 (-12.38%) to $13.30. H&R Block, Inc. through its subsidiaries, provides tax preparation, retail banking, accounting and various business advisory and consulting services.

Stock Price Performance: From August 25, 2011, to August 31, 2011, the stock price had risen $1.57 (11.6%) from $13.55 to $15.12. The stock price saw one of its best stretches over the last year between June 16, 2011 and June 23, 2011 when shares rose for six straight trading days, rising 4.5% (+69 cents). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 8.3% (-$1.29).

Eaton Vance Corporation (NYSE:EV) is among the price losers in the market, as its shares are trading at $22.30, which is $1.70 (-6.9%) below the previous close of $23.95. Eaton Vance Corporation manages investment funds and provides investment management and counseling services to high-net-worth individuals and institutions.

Stock Price Performance: From July 7, 2011, to September 1, 2011, the stock price had fallen $6.66 (-21.8%) from $30.61 to $23.95. It saw one of its worst periods between May 12, 2011 and May 25, 2011 when shares fell for 10 straight trading days, falling 6.5% (-$2.12). The stock price saw one of its best stretches over the last year between January 7, 2011 and January 14, 2011 when shares rose for six straight trading days, rising 6.7% (+$1.94).

More from The Cheat Sheet