Home » Press Releases » Top Double-Digit Losers (YRCW, SANM, VLTR, CIIC, SSN)
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(EMAILWIRE.COM, July 28, 2010 ) New York, NY -YRC Worldwide Inc. (NASDAQ:YRCW) slumped 15.73% to close at $0.313. YRC Worldwide Inc. is a holding company. YRC Worldwide, through wholly owned operating subsidiaries offers its customers a range of transportation services.

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Sanmina-SCI Corporation (NASDAQ:SANM) lost 16.90% to $13.18 with over 7.80 million shares traded, a day after the contract electronics manufacturer reported fiscal third-quarter results that showed a big gain in revenue. But the company was weighed down by a number of one-time charges. Sanmina reported net income of $22 million, or 26 cents a share, compared to net loss of $42 million, or 52 cents a share, for the year-earlier period.

Volterra Semiconductor Corporation (NASDAQ:VLTR) fell 13.16% to $24.01 with over 4.99 million shares traded. Janney Montgomery Scott reiterates a ‘Buy’ rating on Volterra Semiconductor Corporation and raised the fair value estimate from $33 to $35 after the company issued better-than-expected quarterly figures.

Over the past 52-weeks, the stock has been trading in the range of $12.92-$29.93. So far this year, the stock jumped more than 23%.

China Infrastructure Investment Corp (NASDAQ:CIIC) plunged 22.14% to $1.02 on heavy volume of 3.09 million shares. So far this year, the stock went down more than 69%. The daily average volume of the stock is 54K shares. So far the market capitalization of the stock stands at $81.60 million.

China Infrastructure Investment Corporation is engaged in the investment, construction, operation and management of the Pinglin Expressway toll road and the rental of petrol stations and service districts along the toll roads.

Samson Oil & Gas Limited (ADR) (AMEX:SSN) dropped 16.30% to $1.13 with over 3.98 million shares. Today, the stock opened at $1.17 and has been trading in the range of $1.09-$1.21.

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