Source: Thinkstock
Imation Corp. (NYSE: IMN) dropped about 5% on Wednesday to post a new 52-week low of $2.83. Share volume is about 60% below the daily average of around 230,000. The stock’s 52-week high is $6.60. The company, which makes computer storage products, had no news today.
Noble Corp. (NYSE: NE) sank to a new 52-week low on Tuesday of $24.68. Based on Tuesday night’s closing price of $25.44 that’s a drop of about 3%. The stock’s 52-week high is $35.54.The offshore driller continues a slide that has seen it lose about 23% of its value in 2014.. Trading volume was about 20% above the daily average of around 4.4 million shares.
Sears Holding Corp. (NASDAQ: SHLD) dropped another 3.5% today to post a new 52-week low of $39.32. The shares lost 10% yesterday on news that the company would borrow $400 million from the CEO’s hedge fund. Share volume today was more than double the average daily volume of around 870,000 shares. The stock’s 52-week high is $67.50.
USEC Inc. (NYSE: USU) dropped about 7.6% today to post a new 52-week low of $2.54. Volume is about double the daily average of around 600,000 shares. The uranium processing firm is about to exit bankruptcy just as uranium prices are beginning to rise and a new reactor design has been approved. Investors can gin up a lot of enthusiasm for the shares though. The stock’s 52-week high is $25.49.
ALSO READ: The 10 Most Affordable Housing Markets in America
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
