April 21, 2015: Here are four stocks among the 21 equities making new 52-week lows today.
Ultra Clean Holdings Inc. (NASDAQ: UCTT) dropped about 25% on Tuesday to post a new 52-week low of $5.26 against a high of $12.19. The stock closed at $6.83 on Monday night. Volume was about 13-times the daily average of around 140,000 shares. The company guided second quarter results well short of consensus.
Invitae Corp. (NYSE: NVTA) also posted a new 52-week low on Tuesday. Shares dropped about 13.7% to $13.70 from Monday’s closing price of $15.88. The stock’s post-IPO high is $22.35. Volume is more than 20-times above the daily average of around 800,000 shares. The company’s pain drug from osteoarthritis failed to reach a primary endpoint in a late-stage study.
Hugoton Royalty Trust (NYSE: HGT) dropped about 6.5% on Tuesday to post a new 52-week low of $5.15 after closing at $5.51 on Monday. The stock’s 52-week high is $12.04. Share volume was about double the daily average of around 236,000 shares traded. The company announced its monthly distribution $0.007424 per common unit yesterday, well below the prior level of around $0.02 per unit.
Acacia Research Corp. (NASDAQ: ACTG) dropped about 1.8% on Tuesday to post a new 52-week low of $9.83 after closing at $10.01 on Monday. The stock’s 52-week high is $19.93. Share volume was about equal to the daily average of around 620,000 shares traded. The company had no specific news today.
ALSO READ: States Using the Most Mind-Altering Drugs
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.