The 52-Week Low Club

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By Douglas A. McIntyre Published

The number of mortgage companies making the list is becoming unfair, but one of the most widely traded stocks in America also made the list.

Sirius (SIRI) Maybe it’s the merger. Maybe it’s that the merger won’t happen. Down to $3.21 from a 52-week high of $5.57.

Doral Financial (DRL) Nothing new here. The company warned about a cash crisis a few days ago. Dropped to $1.19 today, down from 52-week high of $11.79.

Americredit (ACF) Another victim of the subprime debacle. Not as bad as most. Hit a low of $20.45 today, down from a 12-month high of $31.70.

The Progressive Corp. (PGR) What a relief. A car insurance company. Bad earnings. Dropped to $21.15 down from 52-week high of $27.86.

VaalCo Energy (EGY) Wall St. did not like earnings. Fell to $4.68 today, from 52-week high of $10.45.

McClatchy (MNI) The big newspaper chain seems to make it every few days. Now down to $33.95 from a 12-month high of $51.53.

Warner Music Group (WMG) Been trying to buy rival EMI, but Wall St. seems not to like the idea. Down to $17 from a 52-week high of $31.

Viewpoint (VWPT) Internet marketing tech company has poor earnings. Drops to $.38 from a 12-month high of $1.93.

Audiocodes (AUDC) Makes tech for sending voice over packet networks. Revises forecast down. Falls to $7.24 off a 52-week high of $14.64.

Xinhua Finance Media Ltd (XFML) Chinese media company, just went private. Down to $10 from $13 a few days ago.

Drugstore.com (DSCM) Forecast a Q1 loss some time ago and CFO left. Nothing holding the shares above water. Down to $2.35 from 52-week high of $4.02.

Progressive Gaming (PGIC) Back on the list again. Fourth quarter worse than the year before. Shares down to $5.21 from a 52-week high of $11.40.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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