In the first week of October, traders were flocking to the stock market as the stock-market rally continued, and as stocks continued to rise.
But with the market now in its sixth week of gains, a number of stocks appear to have fallen below their lofty levels.
Here are five stocks that have dropped too far and should be considered speculative, rather than safe for investors.
U.S. Army (ARMA)ARMA, the largest U.K. manufacturer of ammunition and munitions, is down more than 13% after a major fire in its ammunition supply facility.
The fire at the company’s factory in West Yorkshire, England, is believed to be the worst in U.k. history.
The company said the blaze caused “significant damage and loss of life.”
The company has announced it will buy up to 2.4 million rounds of ammunition.
The U.N. says the fire, which caused the largest industrial accident in Britain since World War II, killed at least 6,500 people.
The British government says the incident is a “major public health and safety incident.”
American Airlines (AAL)AAL, a major carrier for U. S. airlines, has lost 6% to 7% since it reported quarterly earnings last month.
The carrier lost 7.6% in the third quarter.
AT&T (T)AT&, a technology company that makes phones and internet connections, is the second-largest telecommunications company after Verizon Communications.
It reported second-quarter earnings that beat Wall Street’s expectations.
AT &lt reported revenue of $8.4 billion, up 11% from $8 billion in the same period a year earlier.
The stock rose more than 8% in after-hours trading, after posting second- quarter revenue of about $873 million.
Google (GOOG)Google shares are up 2% this week after the company reported its second-ever quarterly earnings that missed analysts expectations.
The tech giant posted net income of $2.7 billion, or $2 per share, a year after posting its second straight loss of $1.5 billion in 2014.
Google said its financials were adjusted to exclude certain expenses, which are not disclosed.
The Google stock gained nearly 1% after the news broke.
Amazon (AMZN)Amazon is down 8% after it reported earnings that came in below analysts’ expectations.
Amazon shares are down about 8% this year, and the stock has lost more than 50% of its value since the start of the year.
The Seattle-based company reported revenue that missed analyst expectations, according to financial documents filed with the Securities and Exchange Commission.
Amazon is under pressure to make significant changes to its business and, if not, could be in trouble if it can’t.
The online retailer is struggling with its growth in its online grocery business.
Apple (AAPL)Apple is up 5% this morning after the tech giant reported third-quarter results that beat expectations.
Apple said the third-half revenue of the company, which includes the holidays, was up 17% compared to the same quarter last year.
Apple posted revenue of nearly $12 billion, better than analysts’ estimates.
Pfizer (PFE)Pfizer is down 10% this month after a federal judge said it may need to stop the sales of a life-saving drug that the company said was too expensive.
The drug, called Cephalosporin, was approved for the treatment of a rare form of lung cancer.
Pfizn has not yet announced a price for the drug.
Intel (INTC)Intel is down 2% after news broke that the FBI was investigating allegations that Intel was using the chipmaker’s processors to build a spy system.
The news came just a day after the Justice Department said the FBI had asked a federal court to compel Intel to hand over the evidence.
Intel has said it cooperated with the investigation.
McDonalds (MCD)McDonalds is down 1% this afternoon after the fast-food giant reported quarterly results that missed Wall Street expectations.
McDonald’s shares are now down about 11% this decade, after surging more than 18% in 2015.
McDonald said its third- quarter earnings fell $1 billion, but that the impact was largely offset by a stronger than expected third-party profit.
McDonald reported $828 million in revenue, a fall of 7% from a year ago.
Microsoft (MSFT)Microsoft is down 5% today after the chief executive officer of the world’s largest software company said his company was looking into the possibility of selling some of its software.
In a memo sent to employees on Wednesday, Satya Nadella said he would be seeking a buyer for the company after the end of the fiscal year.
Nadell said the company has “been and remains focused on growing our core business, which