The 52-Week Low Club (MNI)(BAC)(C)(MER)(GHS)(MI)(FRE)(FNM)

Posted: July 7, 2008 at 2:50 pm

Fannie Mae (FNM) hit by rumors that it and Freddie Mac may have to raise $75 billion. Drops to $14.65 from 52-week high of $70.57.

Freddie Mac (FRE) sells down to $10.28 from 52-week high of $67.20.

Marshall & Ilsley (MI) Analyst predicts loss for company. Dips to $12.24 from 52-week high of $48.37.

Gatehouse (GHS) The plight of debt-laden newspapers gets worse. Sells off to $2.13 from 52-week high of $19.10.

Merrill Lynch (MER) may have to raise more money. Moves down to $29.84 from 52-week high of $89.23.

Citigroup (C) hits a new low almost every day. Drops to $15.80 from 52-week high of $52.97.

Bank of America (BAC) gets sucked under by sell-off in financials. Dips to $21.10 from 52-week high of $52.96.

McClatchy (MNI) Another newspaper company hits bottom at $5.11 from 52-week high of $28.73.

Douglas A. McIntyre

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