May was one of the worst months on record for the major averages with a decline of more than 6% for the Russell 1000. Not only was the decline severe for the major averages, but numerous individual stocks in the index dropped more than 25%.
In fact MEMC Electronic (WFR) and Green Mountain Coffee (GMCR) were crushed over 50%. The key now is to determine if these drops were justified or if the sell off presents a buying opportunity.
Bespoke Investments prepared the below list of the worst performing Russell 1000 stocks in May.
Read the full article at Seeking Alpha.
Disclosure: Long ANR. Please read the disclaimer page for more details.