June 28, 2016: Here are four stocks trading with heavy volume among 53 equities making new 52-week lows in Tuesday’s session. NYSE decliners led advancers by more than 5 to 1 and Nasdaq decliners led advancers by a margin of nearly 4 to 1.
Fitbit Inc. (NYSE: FIT) fell by about 0.7% on Tuesday to post a new 52-week low of $11.80 against a high of $51.90. The stock closed at $11.89 on Monday night. Volume reached around 8.7million shares, nearly equal to the stock’s daily average of around 9.1 million. The fitness tracker had no specific news and shares were trading up about 0.5% shortly before the close.
Nomura Holdings Inc. (NYSE: NMR) dropped about 2.6% on Tuesday to post a new 52-week low of $3.33 against a 52-week high of $7.32. Volume reached more than 15 times the daily average of around half a million. The stock closed at $3.42 on Monday night. The big bank was downgraded at Jefferies on Monday.
Regulus Therapeutics Inc. (NASDAQ: RGLS) dropped about 51.3% on Tuesday to post a new 52-week low of $2.44 against a 52-week high of $11.59. Volume was nearly 8 times higher than the daily average of around 800,000. The stock closed at $5.01 on Monday night. The company’s hepatitis C treatment has been put on hold by the FDA.
Voya Financial Inc. (NYSE: VOYA) posted a new 52-week low on Tuesday. Shares traded at a low of $23.36, down about 1.2%, after closing at $23.64 on Monday. The stock’s 52-week high is $48.08. Volume was more than double the daily average of around 2 million shares. The financial services firm had no specific news Tuesday.
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