Negative Movers: Negative Comments and Profit Taking Weigh On Some Stocks (P, JVA, MAR, BBY, HST)

The markets are trading higher on Thursday after retail sales turned positive in June, increasing by 0.1% and business inventories increased in May by 1%. Some Indexes are falling because of negative analyst comments while others are falling from what appears to be profit-taking.

Today’s Negative tickerspy Indexes

Radio Stocks (down 2.6% vs S&P 500): Shares of Pandora Media (P) are leading the Index lower today after Capstone initiated the company with a sell rating and $12 price target late yesterday.

Coffee Stocks (down 2.5% vs S&P 500): Coffee Holding Company (JVA) is leading the Index lower today. Traders could be taking some profits after the stock has risen over 70% in the last month.

Hotel Stocks (down 2.0% vs S&P 500): Shares of Marriott International (MAR) are leading the Index lower after the company announced that for 2011, it expects EBITDA of $1.135 billion to $1.180 billion and still expects earnings per share to be in the range of $1.35 to $1.45. Analysts are expecting the company to report EBITDA of $1.177 billion and earnings per share of $1.41 for 2011.

Electronics Retailer Stocks (down 1.5% vs S&P 500): Shares of Best Buy Co. (BBY) are falling today on average volume.

Hotel REITs (down 1.5% vs S&P 500): Shares of Host Hotels & Resorts (HST) are leading the Index lower on well above average volume.

A full listing of all the Negative Indexes and related charts and metrics are available at tickerspy.com.

Tags: BBY, HST, JVA, MAR, P