Financial Stocks with Huge Declines

These stocks are dragging down the Financial (NYSE:XLF) sector today. Long time Wall St. Cheat Sheet readers know to watch stock prices because ‘Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Suntrust Banks Inc. (NYSE:STI) is among the price losers in the market today. Its shares are trading at $17.69, which is $2.29 (-11.5%) below the previous close of $19.98. SunTrust Banks, Inc. is a financial services holding company whose businesses provide a range of financial services to consumer and corporate clients.

Stock Price Performance: During May 13, 2011 to August 9, 2011, the stock price had fallen $7.48 (-27.2%) from $27.46 to $19.98. The stock price saw one of its best stretches over the last year between April 26, 2011 and May 3, 2011 when shares rose for six-straight days, rising 3.9% (+$1.08) over that span. It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight-straight days, falling 11% (-$2.85) over that span.

Invesco Ltd. (NYSE:IVZ) is one of the market losers in price today. Its shares are trading at $16.62, down $2.07 (-11.1%) from a previous close of $18.69. Invesco Ltd. is a global investment management company providing retail, institutional and high-net-worth clients around the world with innovative solutions.

Stock Price Performance: During May 12, 2011 to August 8, 2011, the stock price had fallen $8.14 (-32.5%) from $25.07 to $16.93. The stock price saw one of its best stretches over the last year between February 9, 2011 and February 18, 2011 when shares rose for eight-straight days, rising 9.4% (+$2.34) over that span. It saw one of its worst periods between January 3, 2011 and January 10, 2011 when shares fell for six-straight days, falling 0.9% (-21 cents) over that span.

Hartford Financial Services Group Inc. (NYSE:HIG) stocks are trading at $18.15. This is $2.23 (-10.9%) below the previous close of $20.38, making the company one of the biggest price losers in the market today. Hartford Financial Services Group Inc. provides investment products and insurance products in the United States.

Stock Price Performance: During May 13, 2011 to August 9, 2011, the stock price had fallen $7.09 (-25.8%) from $27.47 to $20.38. It saw one of its worst periods between May 18, 2011 and May 25, 2011 when shares fell for six-straight days, falling 4.2% (-$1.15) over that span. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 1, 2011 when shares rose for seven-straight days, rising 11.1% (+$2.70) over that span.

Fifth Third Bancorp (NASDAQ:FITB) is among the price losers in the market today as its stock price is $9.41, down $1.13 (-10.8%) from a previous close of $10.55. Fifth Third Bancorp is a diversified financial services company which conducts its lending, deposit gathering, transaction processing and service advisory activities through its subsidiaries.

Stock Price Performance: During May 13, 2011 to August 9, 2011, the stock price had fallen $1.88 (-15.1%) from $12.43 to $10.55. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 1, 2011 when shares rose for seven-straight days, rising 7.8% (+94 cents) over that span. It saw one of its worst periods between February 14, 2011 and February 24, 2011 when shares fell for eight-straight days, falling 7.8% (-$1.20) over that span.

Shares of BB&T Corporation (NYSE:BBT) are trading at $19.86, down $2.37 (-10.7%) from a previous close of $22.23. BB&T Corporation is a financial holding company which, through its subsidiary Branch Banking and Trust Company, provides a range of banking services and loans to individuals and businesses.

Stock Price Performance: During May 12, 2011 to August 8, 2011, the stock price had fallen $5.67 (-21%) from $27.04 to $21.37. The stock price saw one of its best stretches over the last year between May 23, 2011 and May 31, 2011 when shares rose for six-straight days, rising 5.5% (+$1.43) over that span. It saw one of its worst periods between August 17, 2010 and August 25, 2010 when shares fell for seven-straight days, falling 6.7% (-$1.55) over that span.

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