5 Stocks Being Tossed Away This Afternoon as Dow Jones Rebounds to 11,241

Through early afternoon trading on Wednesday, August 24, 2011, the Dow (NYSE:DIA) is up 64 points to 11,241, the NASDAQ (NASDAQ:QQQ) is up 4 points to 2,450 and the S&P500 (NYSE:SPY) is up 6 points to 1,168. Here are some of today’s biggest losers by price.

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Micron Technology Inc. (NASDAQ:MU) is one of the price losers today, as its shares are trading at $5.24, down 42 cents (-7.4%) from a previous close of $5.66. Micron Technology Inc. is a global manufacturer and marketer of Flash memory, image sensors and other semiconductor components.

Stock Price Performance: During May 27, 2011 to August 23, 2011, the stock price had fallen $4.36 (-43.5%) from $10.02 to $5.66. The stock price saw one of its best stretches over the last year between January 28, 2011 and February 8, 2011 when shares rose for eight-straight days, rising 10.3% (+$1.07) over that span. It saw one of its worst periods between May 31, 2011 and June 13, 2011 when shares fell for 10-straight days, falling 18.7% (-$1.91) over that span.

Human Genome Sciences, Inc. (NASDAQ:HGSI) is among the market losers in price today, as its stock price fell by $1.24 (-8.6%) to $13.05. Human Genome Sciences, Inc. is a commercially focused biopharmaceutical company advancing toward the market with three products in late-stage clinical development.

Stock Price Performance: During May 27, 2011 to August 23, 2011, the stock price had fallen $12.66 (-47%) from $26.95 to $14.29. The stock price saw one of its best stretches over the last year between December 31, 2010 and January 12, 2011 when shares rose for nine-straight days, rising 12.9% (+$3.07) over that span. It saw one of its worst periods between April 27, 2011 and May 6, 2011 when shares fell for eight-straight days, falling 8% (-$2.38) over that span.

Shares of United Therapeutics Corporation (NASDAQ:UTHR) are trading at $40.05, down $8.77 (-17.9%) from a previous close of $48.76. United Therapeutics Corporation is a biotechnology company is focused on the development and commercialization of products to address the unmet medical needs of patients with chronic and life-threatening cardiovascular and infectious diseases and cancer.

Stock Price Performance: During May 27, 2011 to August 23, 2011, the stock price had fallen $15.95 (-24.6%) from $64.71 to $48.76. The stock price saw one of its best stretches over the last year between March 28, 2011 and April 5, 2011 when shares rose for seven-straight days, rising 6.5% (+$4.19) over that span. It saw one of its worst periods between June 9, 2011 and June 20, 2011 when shares fell for eight-straight days, falling 9.5% (-$5.66) over that span.

FIRST MAJESTIC SILVER CORP ORDINARY SHARES (CANADA) (NYSE:AG) is one of the price losers today, as its shares are trading at $20.64, down $1.44 (-7.1%) from a previous close of $22.21.

Stock Price Performance: During June 27, 2011 to August 23, 2011, the stock price had risen $4.89 (28.2%) from $17.32 to $22.21. The stock price saw one of its best stretches over the last year between October 27, 2010 and November 8, 2010 when shares rose for nine-straight days, rising 53.5% (+$3.85) over that span. It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven-straight days, falling 16.9% (-$3.58) over that span.

American Eagle Outfitters, Inc. (NYSE:AEO) is among the market losers in price today, as its stock price fell by $1.22 (-11.1%) to $10.33. American Eagle Outfitters, Inc. is a retailer that designs, markets and sells its own brand of high quality, on-trend clothing, accessories and personal care products at affordable prices while targeting 15 to 25 year-old customers.

Stock Price Performance: During July 26, 2011 to August 23, 2011, the stock price had dropped $2.17 (-15.7%) from $13.79 to $11.62. The stock price saw one of its best stretches over the last year between November 1, 2010 and November 8, 2010 when shares rose for six-straight days, rising 5.7% (+85 cents) over that span. It saw one of its worst periods between February 16, 2011 and February 24, 2011 when shares fell for six-straight days, falling 5.3% (-83 cents) over that span.

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