Investing
General Electric, General Mills Slide into Wednesday's 52-Week Low Club
Published:
Last Updated:
March 21, 2018: Here are four stocks trading with heavy volume among 83 equities making new 52-week lows in Wednesday’s session. On the NYSE advancers led decliners by about 3 to 2 and on the Nasdaq, advancers led decliners by about 9 to 5.
General Electric Co. (NYSE: GE) traded down about 0.5% Wednesday and posted a new 52-week low of $13.57 after closing Tuesday at $13.64. The stock’s 52-week high is $30.54. Volume was around 50 million, about 40% below the daily average. The company had no specific news. The stock has changed direction and is headed for a gain of nearly 2% on the day.
Weatherford International plc (NYSE: WFT) fell about 4% Wednesday to post a new 52-week low of $2.38 after closing at $2.48 on Tuesday. The 52-week high is $6.86. Volume of around 26 million was about 15% above the daily average. The company had no specific news.
General Mills Inc. (NYSE: GIS) dropped more than 10% Wednesday to post a new 52-week low of $44.79. Shares closed at $49.93 on Tuesday and the stock’s 52-week high is $60.69. Volume was more than five times the daily average of around 4.3 million shares. The company reported lackluster earnings along with weak guidance. A potent combination.
Comcast Corp. (NASDAQ: CMCSA) traded down about 0.3% Wednesday and posted a new 52-week low of $34.45 after closing Tuesday at $34.57. The stock’s 52-week high is $44.00. Volume was about 40% below the daily average of around 25.6 million shares. The company had no specific news.
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.