Sprint, Fortune Brands and 3 Top Stocks Being Sold as the Dow Drops 1%: CVE, AUY, S, FO, MDR

Through the opening portion of the trading day on Tuesday, October 4, 2011, the Dow (NYSE:DIA) is down 105.6 points to 10,533, the NASDAQ (NASDAQ:QQQ) is up two points to 2,336 and the S&P500 (NYSE:SPY) is down 9.4 points to 1,090. Here are some of today’s biggest losers by price.

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Cenovus Energy, Inc. (NYSE:CVE) is one of the price losers, as its shares are trading at $27.64, down $1.64 (-6.1%) from the previous close of $29.44. Cenovus Energy operates in oil projects and natural gas and crude oil production in Alberta and Saskatchewan. It also has oil projects in Foster Creek, Christina Lake, and Pelican Lake in northeast Alberta, and Weyburn in Saskatchewan.

Stock Price Performance: From July 8, 2011, to October 3, 2011, the stock price had fallen $8.39 (-22.2%) from $37.83 to $29.44. The stock price saw one of its best stretches over the last year between December 17, 2010 and December 29, 2010 when shares rose for eight straight trading days, rising 7.1% (+$2.16). It saw one of its worst periods between October 13, 2010 and October 22, 2010 when shares fell for eight straight trading days, falling 6.1% (-$1.78).

Shares of Yamana Gold Inc. (NYSE:AUY) are trading at $12.60, down 83 cents (-5.9%) from the previous close of $13.40. Yamana Gold is a gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in Brazil, Chile, Argentina, Mexico, and Colombia.

Stock Price Performance: From September 2, 2011, to October 3, 2011, the stock price had dropped $3.38 (-20.1%) from $16.78 to $13.40. The stock price saw one of its best stretches over the last year between November 26, 2010 and December 6, 2010 when shares rose for seven straight trading days, rising 12.7% (+$1.41). It saw one of its worst periods between June 21, 2011 and June 27, 2011 when shares fell for five straight trading days, falling 2.9% (-34 cents).

Sprint Nextel Corporation (NYSE:S) is among the market losers in price, as its stock price fell by 25 cents (-11%) to $2.43. Sprint Nextel offers a range of wireless and wireline communications products and services.

Stock Price Performance: From July 7, 2011, to September 30, 2011, the stock price had fallen $2.61 (-46.2%) from $5.65 to $3.04. The stock price saw one of its best stretches over the last year between May 17, 2011 and May 26, 2011 when shares rose for eight straight trading days, rising 15.7% (+80 cents). It saw one of its worst periods between September 13, 2011 and September 22, 2011 when shares fell for eight straight trading days, falling 15.7% (-56 cents).

Fortune Brands Inc. (NYSE:FO) is one of the price losers, as its shares are trading at $43.21, down 0 cents (-20.3%) from the previous close of $54.20. Fortune Brands manufactures and sells distilled spirits, home and hardware products and golf products.

Stock Price Performance: From July 8, 2011, to October 3, 2011, the stock price had fallen $10.22 (-15.9%) from $64.42 to $54.20. The stock price saw one of its best stretches over the last year between August 25, 2011 and August 31, 2011 when shares rose for five straight trading days, rising 6.8% (+$3.63). It saw one of its worst periods between February 4, 2011 and February 15, 2011 when shares fell for eight straight trading days, falling 2.5% (-$1.56).

Shares of MCDERMOTT INTERNATIONAL INC (NYSE:MDR) are trading at $10.38, down 65 cents (-7.6%) from the previous close of $11.23.

Stock Price Performance: From July 7, 2011, to September 30, 2011, the stock price had fallen $10.31 (-48.9%) from $21.07 to $10.76. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 26, 2011 when shares rose for six straight trading days, rising 4.3% (+97 cents). It saw one of its worst periods between July 22, 2011 and August 4, 2011 when shares fell for 10 straight trading days, falling 35.1% (-$7.56).