AK Steel Holding
fortune 500 stock losers ak steel
Fortune 500 rank: 430
2012 revenue: $5.9 bil
2012 total return: -43.4%

AK Steel is suffering from what those on Wall Street call a 'crisis of confidence.' After touching $70 a share in 2008, AK Steel has fallen to just under three bucks. Last year steel pricing was terrible, demand was weak, and AK's shipments to rejuvenated automakers couldn't save it from disappointing investors.

Add in a broken pension, suspended dividend, and weak construction sales around the world, and you understand why shares tumbled by 43% in 2012.


  @FortuneMagazine - Last updated May 06 2013 06:58 AM ET
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