Investing

The 52-Week Low Club for Tuesday

down market
Source: Thinkstock
August 19, 2014: Stocks making new 52-week lows today included the following four firms:

Coupons.com Inc. (NYSE: COUP) saw shares fall more than 8.5% to a new 52-week low of $13.07 compared with the stock’s 52-week high is $22.67. Volume is about double the daily average of 356,000 shares traded. The company continues to get battered for missing second-quarter estimates.

King Digital Entertainment plc (NYSE: KING) dropped nearly 3% on Tuesday to post a new 52-week low of $13.13. The stock’s post-IPO high is $23.48. The maker of the wildly popular mobile game Candy Crush Saga is down more than 28% since its March IPO. Volume today is about 15% below the daily average of around 1.6 million shares traded.

Elizabeth Arden Inc. (NASDAQ: RDEN) dropped more than 25% on Tuesday to post a new 52-week low of $14.65, well below the low set just yesterday. Volume is 15-times greater than the daily average of around 445,000 shares traded, and the stock’s 52-week high is $40.40. The beauty products maker posted dismal fourth fiscal-quarter results this morning and announced that the company had completed a private placement of preferred stock worth $50 million as well as warrants for another 2.5 million shares at an exercise price of $2.39 per share.

Sprint Corp. (NYSE: S) dropped nearly 5% to hit a new 52-week low of $5.36 today. The wireless carrier’s new subscriber plan worries some analysts and investors who probably wonder if Sprint can win a price war with its competitors. The 52-week high on the stock is $11.47.

ALSO READ: 10 States Struggling With Delinquent Debt

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.