5 Stocks Investors Are Dumping August 31st

Through the opening portion of the trading day on Wednesday, August 31, 2011, the Dow (NYSE:DIA) is up 52 points to 11,612, the NASDAQ (NASDAQ:QQQ) is up 3 points to 2,579 and the S&P500 (NYSE:SPY) is up 6 points to 1,219. Here are some of today’s biggest losers by price.

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AT&T Inc. (NYSE:T) is among the price losers in the market, as its shares are trading at $28.63, which is $1.14 (-3.3%) below the previous close of $29.62. The U.S. government is trying to block the AT&T – T-mobile merger. AT&T Inc. is a holding company whose subsidiaries and affiliates provides wireless and wireline telecommunications services and products to consumers and businesses worldwide. It also provides directory advertising and publishing services in the United States and international markets.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $1.58 (-5.1%) from $31.20 to $29.62. The stock price saw one of its best stretches over the last year between October 26, 2010 and November 4, 2010 when shares rose for eight straight trading days, rising 4% (+$1.08). It saw one of its worst periods between May 31, 2011 and June 7, 2011 when shares fell for six straight trading days, falling 4% (-$1.23).

Altera Corporation (NASDAQ:ALTR) is among the market losers in price, as its stock price fell by $1.15 (-2.6%) to $36.65. Altera Corp. designs and manufactures programmable logic devices, HardCopy ASIC devices, pre-defined design building blocks, cores and associated development tools.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $9.40 (-20%) from $47.02 to $37.62. The stock price saw one of its best stretches over the last year between November 16, 2010 and November 24, 2010 when shares rose for seven straight trading days, rising 11.9% (+$3.80). It saw one of its worst periods between July 7, 2011 and July 14, 2011 when shares fell for six straight trading days, falling 11.5% (-$5.52).

Hansen Natural Corporation (NASDAQ:HANS) is one of the price losers, as its shares are trading at $86.75, down $3.21 (-3.2%) from the previous close of $89.58. Hansen Natural Corporation through its subsidiaries, develops, markets, sells, and distributes beverages in the United States and internationally.

Stock Price Performance: From June 6, 2011, to August 30, 2011, the stock price had risen $17.47 (24.2%) from $72.11 to $89.58. The stock price saw one of its best stretches over the last year between May 23, 2011 and June 3, 2011 when shares rose for nine straight trading days, rising 5.1% (+$3.51). It saw one of its worst periods between February 1, 2011 and February 9, 2011 when shares fell for seven straight trading days, falling 5% (-$2.88).

JDS Uniphase Corporation (NASDAQ:JDSU) is among the price losers in the market, as its shares are trading at $13.06, which is 42 cents (-2.8%) below the previous close of $13.44. JDS Uniphase Corporation provides communications test and measurement solutions and optical products for cable operators, telecommunications service providers and network equipment manufacturers.

Stock Price Performance: From June 6, 2011, to August 30, 2011, the stock price had fallen $4.52 (-25.2%) from $17.96 to $13.44. The stock price saw one of its best stretches over the last year between January 25, 2011 and February 4, 2011 when shares rose for nine straight trading days, rising 41% (+$6.62). It saw one of its worst periods between July 26, 2011 and August 2, 2011 when shares fell for six straight trading days, falling 16.9% (-$2.53).

ADTRAN, Inc. (NASDAQ:ADTN) is one of the price losers, as its shares are trading at $28.12, down 70 cents (-7.4%) from the previous close of $30.36. Adtran,Inc designs, manufactures, markets and services network access solutions for communications networks.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $9.47 (-23.8%) from $39.83 to $30.36. The stock price saw one of its best stretches over the last year between November 29, 2010 and December 10, 2010 when shares rose for 10 straight trading days, rising 11.4% (+$3.52). It saw one of its worst periods between July 7, 2011 and July 14, 2011 when shares fell for six straight trading days, falling 17.2% (-$7.28).

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