Investing
Chico's FAS, Southwestern Energy Drop into Wednesday's 52-Week Low Club
Published:
Last Updated:
May 24, 2017: Here are four stocks trading with relatively heavy volume among 106 equities making new 52-week lows in Wednesday’s session. On the NYSE, advancers led decliners by about 4 to 3 and on the Nasdaq advancers led decliners by a slim 14 to 13 margin.
Chico’s FAS Inc. (NYSE: CHS) dropped nearly 20% Wednesday to post a new 52-week low of $8.91 after closing at $11.09 on Tuesday. The stock’s 52-week high is $16.85. Volume was nearly 7 times the daily average of around 2.6 million shares. The company posted weak results and offered up more of the same in its outlook.
Southwestern Energy Co. (NYSE: SWN) dropped about 4% Wednesday to post a new 52-week  low of $6.70 after closing Tuesday at $6.99. The 52-week high is $15.59. Volume of around 15.7 million shares was about 25% below the daily average. The company had no specific news.
Teva Pharmaceuticals Industries Ltd. (NYSE: TEVA) dropped about 2.4% Wednesday to post a new 52-week low of $28.07 after closing at $28.76 on Tuesday. The stock’s 52-week high is $56.44. Volume of about 12 million was about 80% above the daily average of around 6.8 million shares traded. The company had no specific news.
Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) posted a new 52-week low of $98.63 on Wednesday, down about 5.7% compared with Tuesday’s closing price of $04.64. The stock’s 52-week high is $157.02. Volume totaled about 8.5 million shares, around 4 times the daily average of about 3 million. The company announced several executive changes on Tuesday and the fallout has continued.
Robinhood revolutionized commission free investing, and it continues to do so today. With a few simple taps you can trade stocks like Nvidia and Amazon, market beating mutual funds, and trade options with Robinhood Financial. FDIC insurance coverage is just another benefit.
And, you can buy and sell cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) with Robinhood Crypto.
Sign up today — click here to start your journey.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.