Today’s 52-week low club, the third in 24/7 Wall St. history, includes a repeat guest and a newcomer. Groupon (NASDAQ: GRPN) also hit a 52-week low Friday, but we decided it was time to invite some other companies to join in on the fun.
Here are Friday’s members of the 52-week low club:
Shares of Facebook, Inc. (NASDAQ: FB) fell 4.13% to $19.05 on trading volume of 115.9 million shares. The company’s shares have dropped since Thursday following the ending of the lockup period following its IPO. The 52-week low before Friday was $19.69.
Shares of Molycorp, Inc. (NYSE: MCP) fell 11.83% to $9.84 on trading volume of 32.4 million shares. The company publicly offered $480 million in stock and debt Friday, which the company said was necessary to finance its capital expenses and operations throughout the year. Before Friday, the 52-week low was $11.00.
Samuel Weigley
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
