Source: Thinkstock
WPX Energy Inc. (NYSE: WPX) posted a new 52-week low on Friday. Shares dropped about 10.3% to a low of $9.73 from Thursday’s closing price of $10.34. The stock’s 52-week high is $26.79. Volume totaled around 45 million shares, almost 10-times the stock’s daily average of around 4.8 million. The energy producer price a secondary share offering and a convertible stock offering today.
Barrick Gold Corp. (NYSE: ABX) dropped about 6.8% on Friday to post a new 52-week low at $8.61 after closing at $9.24 on Thursday. The stock’s 52-week high is $19.36. Share volume totaled around 21 million, nearly double the daily average of around 11.4 million shares traded. The company had no specific news today, but gold settled at a 5-year low today.
Freeport-McMoRan Inc. (NYSE: FCX) dropped about 4.6% on Friday to post a new 52-week low of $15.55 after closing at $16.30 on Thursday. The stock’s 52-week high is $39.05. Share volume totaled over 15 million shares, about 2 million shares below the daily average of around 17 million. Another gold miner that got hit hard today.
Alcoa Inc. (NYSE: AA) dropped about 1.4% on Friday to post a new 52-week low of $10.36 against a 52-week high of $17.75. The stock closed at $10.51 on Thursday night. Volume totaled about 13 million shares, about 30% below the daily average of 19 million. The company had no specific news today.
ALSO READ: The 10 Most Oil-Rich States
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
