Source: Thinkstock
Chesapeake Energy Corp. (NYSE: CHK) dropped about 5.4% on Wednesday to establish a new 52-week low at $15.32 against a high of $29.92. Volume was nearly double the daily average of around 15.8 million shares. The oil & gas company had no specific news today but the huge build to crude oil inventories announced today may have had something to do with the stock’s price drop.
Abercrombie & Fitch Inc. (NYSE: ANF) posted a new 52-week low on Wednesday. Shares dropped about 15% to $20.37 from Tuesday’s closing price of $23.99. The stock’s 52-week high is $45.50. Volume is more than 8-times above the daily average of around 2.4 million shares. The specialty teen retailer had no good news in its earnings report this morning.
Lumber Liquidators Holdings Inc. (NYSE: LL) dropped nearly 13% on Wednesday to post a new 52-week low of $35.55 after closing at $40.78 on Tuesday. The stock’s 52-week high is $109.20. Share volume was more than 12-times the daily average of around 1.7 million shares traded. The wood flooring retailer following investigation requests to 3 federal agenices from a U.S. Senator. The company also cancelled an appearance at the Raymond James investors conference this morning, saying it will hold a conference call on March 12 to provide a business update for investors.
Windstream Holdings Inc. (NASDAQ: WIN) dropped 1.4% on Wednesday to post a new 52-week low of $7.66 after closing at $7.77 on Tuesday. The stock’s 52-week high is $13.30. Share volume was about 10% below the daily average of around 7.6 million shares traded. The smallish consumer communications company with the big dividend yield (12.7% today) had no specific news today.
ALSO READ: The States Where the Rich Are Getting Richer
ALERT: Take This Retirement Quiz Now (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
