Investing
Liberty Global's Latin American Subsidiaries in Monday's 52-Week Low Club
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August 8 2016: Here are three stocks trading with relatively heavy volume among XX equities making new 52-week lows in Monday’s session. NYSE advancers led decliners by about 5 to 4and Nasdaq decliners led advancers by about the same margin.
Liberty LiLAC Group (NASDAQ: LILAK) dropped about 13% on Monday to post a new 52-week low of $28.81 after closing at $33.14 on Friday. The stock’s 52-week high is $44.95. Volume reached about 5 times the daily average of around 940,000 shares. The Latin American subsidiary of Liberty Global plc had no specific news today.
Liberty LiLAC Group (NASDAQ: LILA) lost about 11.4% Monday to post a new 52-week low of $28.76 after closing Friday at $32.46. The 52-week high is $42.63. Volume was about double the daily average of around 550,000 shares. Like its Class C common stock that trades under the LILAK symbo, Class A common stock also tumbled today.
TG Therapeutics Inc. (NASDAQ: TGTX) dropped about 10% on Monday to post a new 52-week low of $5.41 against a 52-week high of $16.85. Volume of around 570,000 was about 20% higher than the daily average of around 450,000. The stock closed at $6.02 on Friday night. The company reported an unexpected net loss this morning.
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