1/10/2013

Comeuppance Day: NFLX, GMCR, HANS, FSLR Fall Sharply

The market took a pounding today because of new concerns about the ability of European leaders to come together around a bailout plan. But four stocks whose stratospheric rises in recent years have surprised a lot of people — including the legions shorting them — fell particularly hard.

  • Netflix (NFLX) plunged 35% after reporting a drop in subscribers;
  • First Solar (FSLR) fell 25% after its CEO Rob Gillette left suddenly;
  • Green Mountain (GMCR) dropped 12%, continuing a recent volatile streak, despite an analyst note reaffirming confidence in the coffee company.
  • Hansen Natural (HANS) dropped 8.1%.

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