March 27, 2017: Here are four stocks trading with relatively heavy volume among 95 equities making new 52-week lows in Monday’s session. On the NYSE, decliners led advancers by less than 50 stocks and on the Nasdaq advancers led decliners by about 4 to 3.
Fitbit Inc. (NYSE: FIT) dropped about 1.7% Monday, to post a new 52-week low of $5.31 after closing at $5.40 on Friday. The stock’s 52-week high is $18.85. Volume was about 30% below the daily average of around 11 million. The company had no specific news, and shares are on track to close the day’s trading up nearly 6%.
G-III Apparel Group Ltd. (NASDAQ: GIII) posted a new 52-week low of $19.10 on Monday, down about 16.7% compared with Friday’s closing price of $22.92. Volume was more than 10 times the daily average of around 680,000 shares. The company posted weak results this morning.
CenturyLink Inc. (NYSE: CTL) dropped about 1.8% Monday to post a new 52-week low of $22.35 after closing Friday at $22.76. The stock’s 52-week high is $33.45. Volume of about 7 million shares was about 15% below the daily average of around 7.8 million. The company had no specific news.
Macy’s Inc. (NYSE: M) dropped about 1.6% Monday, to post a new 52-week low of $27.73 after closing at $28.17 on Friday. The stock’s 52-week high is $45.41. Volume was 40% below the daily average of around 9 million shares. The company signed an exclusive deal with G-III today to carry the DKNY brand in Macy’s U.S. stores.
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.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
