Microsoft Corporation (MSFT), Joe’s Jeans Inc (JOEZ), OCZ Technology Group Inc. (OCZ): This Week’s 5 Dumbest Stock Moves

Weakness at its capital assets and retail supply chain verticals is getting the blame, but every investor is feeling the shame.

5. You don’t know JAKKS
It was a bad week for toymakers, but JAKKS Pacific, Inc. (NASDAQ:JAKK) was the biggest flop.

Shares of JAKKS Pacific, Inc. (NASDAQ:JAKK) plunged 39% yesterday — yes, 39% — after surprising analysts with a steep deficit, a 27% drop in net sales, and a dead dividend.

Things are so bad that JAKKS Pacific, Inc. (NASDAQ:JAKK) is suspending its dividend, and it won’t even consider bringing it back until the licensed-playthings maker returns to profitability.

You know that things are bad when you’re taking big hits on inventory impairment charges, and shelling out license minimum guarantee shortfalls.

The article This Week’s 5 Dumbest Stock Moves originally appeared on Fool.com.

Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends Liquidity Services. The Motley Fool owns shares of Microsoft.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.