November 11, 2016: Here are four stocks trading with relatively heavy volume among 74 equities making new 52-week lows in Friday’s session. On the NYSE, advancers led decliners by about 8 to 7 and on the Nasdaq advancers led decliners by about 2.5 to 1.
The Coca-Cola Co. (NYSE: KO) lost about 0.8% Friday to post a new 52-week low of $40.63 after closing Thursday at $40.95. The 52-week high is $47.13. Volume of around 10 million was about 20% below the daily average of around 12.3 million shares traded. The hospital stocks took a beating following Thursday’s election based on the new administration’s promise to repeal Obamacare. The beverage maker had no specific news Friday.
Coty Inc. (NYSE: COTY) dropped about 1% on Friday to post a new 52-week low of $18.28 after closing at $18.46 on Thursday. The stock’s 52-week high is $31.60. Volume was about 35% below the daily average of around 12.8 million shares. The cosmetics firm had no specific news.
America Movil SAB de CV (NYSE: AMX) dropped about 3.5% on Friday to post a new 52-week low of $11.02 against a 52-week high of $17.33. Volume of about 8.6 million was about 80% above the daily average of around 4.8 million. The Mexican wireless provider had no specific news.
Infosys Ltd. (NYSE: INFY) dropped about 0.3% on Friday to post a new 52-week low of $14.19 after closing at $14.23 on Thursday. The stock’s 52-week high is $20.47. Volume of about 6.9 million was about 40% higher than the daily average of around 5 million shares. The company announced this morning that it had invested in TidalScale, a start-up company that is developing software-defined server systems.
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
