Newell Brands, Mallinckrodt Stumble into Friday’s 52-Week Low Club

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September 15, 2017: Here are four stocks trading with heavy volume among 31 equities making new 52-week lows in Friday’s session. On the NYSE, advancers led decliners by about 9 to 5 and on the Nasdaq advancers led decliners by about 3 to 2.

Newell Brands Inc. (NYSE: NWL) dropped about 1.1% Friday to post a new 52-week low of $42.81 after closing Thursday at $43.27. The 52-week high is $55.08. Volume of around 4.5 million shares traded was about 15% above the daily average. The company had no specific news.

Synergy Pharmaceuticals Inc. (NASDAQ: SGYP) posted a new 52-week low of $2.57 on Friday, down about 2.5% from Thursday’s closing price of $2.71. The stock’s 52-week high is $7.15. Volume totaled around 3.8 million shares, about 15% below the daily average. The company had no specific news Friday.

Mallinckrodt PLC (NYSE: MNK) dropped about 2.9% Friday to post a new 52-week low of $34.19 after closing at $35.21 on Thursday. The 52-week high is $77.25. Volume was around 1.4 million, about 40% below the daily average. The company had no specific news.

Advaxis Inc. (NASDAQ: ADXS) dropped about 1.9% Friday to post a new 52-week low of $4.77 after closing at $4.86 on Thursday. The stock’s 52-week high is $12.66. Volume of around 876,000 was about 30% higher than the daily average. The company had no specific news Friday.