Gevo, Hibbett Sports Tumble into Tuesday’s 52-Week Low Club

February 14, 2017 by Paul Ausick

February 14, 2017: Here are four stocks trading with relatively heavy volume among 30 equities making new 52-week lows in Tuesday’s session. On the NYSE, advancers led decliners about 8 to 7 and on the Nasdaq advancers led decliners by about 5 to 4.

Gevo Inc. (NASDAQ: GEVO) dropped about 33% Tuesday to post a new 52-week low of $1.55 after closing Monday at $2.33. The 52-week high is $27.20. Volume of about 4.8 million was around 7 times the daily average of around 680,000 shares traded. The renewable chemicals and biofuels priced a secondary offering of 5.68 million shares at $1.90 per share, and also 570,000 units of three different warrants.

Hibbett Sports Inc. (NASDAQ: HIBB) dropped 14% Tuesday, to post a new 52-week low of $28.55 after closing at $33.25 on Monday. The stock’s 52-week high is $45.85. Volume was about 8times the daily average of around 430,000 shares. The company’s preliminary report on Monday evening was weak and the outlook aso disappointed analysts.

Vince Holding Corp. (NYSE: VNCE) dropped 22% on Tuesday to record a new 52-week low of $1.95. The stock closed at $2.50 on Monday. Volume was about 4 times the daily average of around 580,000 shares. The luxury apparel and accessories firm has ended its consulting agreement with the company’s founders.

Tidewater Inc. (NYSE: TDW) dropped about 5.3% Tuesday, to post a new 52-week low of $1.25 after closing at $1.32 on Monday. The stock’s 52-week high is $11.58. Volume was about 20% below the daily average of around 2.5 million shares. The company had no specific news Tuesday,and the stock turned around in the afternoon to a gain of more than 5%.

Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)

Take the quiz below to get matched with a financial advisor today.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Take the retirement quiz right here.