Jericho-based Getty Realty Corp. is in bad company this month, according to a Yahoo Finance list of companies whose shares have lost 20 percent or more of their value in the past month.
The real estate investment trust Getty, tangled in an uncertain transition with Lukoil’s sale of most of its gas station property leases, dropped 21.2 percent in the past month.
“With the market peaking just under a month ago, it is always interesting to see which stocks have fared the worst,” the Yahoo Finance blog says.
“If you are not a trend follower type of investor, and have a longer term time frame sometimes you can pick up some bargains.
“Here is a list of 42 stocks that have lost at least a fifth of their value in the past month” with a market capitalization of at least $300 million.”
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