February 11, 2016: Here are four stocks trading with heavy volume among 769 equities making new 52-week lows today.
Bank of America Corp. (NYSE: BAC ) dropped about 8.3% on Thursday to post a new 52-week low at $10.99 after closing at $11.98 on Wednesday. The stock’s 52-week high is $18.48. Share volume totaled about 3 times the daily average of around 108 million shares traded. The big bank is worrisome to investors with all the concerns over negative interest rates.
Citigroup Inc. (NYSE: C) posted a new 52-week low on Thursday. Shares traded at a low of $34.52, down about 7.7%, after closing at $37.41 on Wednesday. The stock’s 52-week high is $60.95. Volume of nearly double the daily average of around 22 million shares. Another victim of investor concern over where bank profits are likely to go.
Twitter Inc. (NYSE: TWTR) fell by about 7.1% on Thursday to post a new 52-week low of $13.91 against a high of $91.34. The stock closed at $14.98 on Wednesday night. Volume rose to about 34 million, about 60% above the daily average of about 20 million shares traded. Investors worry that user growth is stalled at the social media company.
24/7 Wall St.The Boeing Co. (NYSE: BA) dropped about 12.3% on Thursday to post a new 52-week low of $120.10 against a 52-week high of $158.83. The stock closed at $116.36 on Wednesday night. Volume reached nearly 32 million shares, about 7 times the stock’s daily average volume of around 4.8 million. A report at Bloomberg cites sources who say the company’s program accounting method is being investigated by the SEC.
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
