Investing

The 52-Week Low Club for Wednesday

down market
Source: Thinkstock
November 5, 2014: Here are four stocks among the 121 equities making new 52-week lows today.

Yamana Gold Inc. (NYSE: AUY) dropped nearly 7% today to post a new 52-week low of $3.51. The stock’s 52-week high is $10.72. Like nearly every other gold miner, Yamana is getting pounded as gold prices traded below $1,150 an ounce on Wednesday. Trading volume was more than double the daily average of around 9.1 million shares traded.

3D Systems Inc. (NYSE: DDD) dropped nearly 6% on Wednesday to post a new 52-week low of $35.58 after closing at $37.78 on Tuesday evening. The stock’s 52-week high is $97.28. Share volume is up about 10% over the daily average of around 3 million. Competitor Stratasys Ltd. (NASDAQ: SSYS) cut its guidance this morning and is taking down all the 3D printer stocks.

Las Vegas Sands Inc. (NYSE: LVS) posted a new 52-week low on Wednesday of $57.65. Based on Tuesday night’s closing price of $59.67 that’s a drop of about 3.4%. The stock’s 52-week high is $88.28. Trading volume is more than 50% above the daily average of around 6.6 million shares. The casino and resort operator is getting beaten up over the low revenue estimate from Macau regulators.

Zulily Inc. (NASDAQ: ZU) posted a drop of more than 23% today to post a new 52-week low of $27.55 against a 52-week high of $73.50. Volume is about 8-times the daily average of around 1.3 million shares. The company beat estimates after markets closed last night, but the sales forecast was weak and BofA’s analyst lowered the price target from 4$46 to $38 this morning.

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