Investing

Genentech (DNA) Joins The 52-Week Low Club

Genentech (DNA) Big biopharma drops on poort clinical trial results for its drug Avastin. Down to $75.56 from 52-week high of $89.73. Verasun Energy (VSE) Rise in supply of ethanol could hurt margins. Shares drop to $14.36 from 52-week high…

By Douglas A. McIntyre
Published June 6, 2007, 3:18pm ET · 1 min read

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Genentech (DNA) Big biopharma drops on poort clinical trial results for its drug Avastin. Down to $75.56 from 52-week high of $89.73.

Verasun Energy (VSE) Rise in supply of ethanol could hurt margins. Shares drop to $14.36 from 52-week high of $30.75.

Northwest Air (NWA) Just out of Chapter 11. Not a nice reception as oil prices hurt airline shares. Down to $23.85 just a few days from emerging. The high since then is $26.50.

Spatialight (HDTV) Bad news about largest customer and delisting keep dogging it. Down to $.07 from $3.10.

Transmeta (TMTA) Chip maker has unhealthy loss in latest quarter. Drops to $.28 from 52-week high of $1.75.

Mannkind (MNKD) Drug development firm had rought quarter. Down to $10.18 from 52-week high of $21.74.

Douglas A. McIntyre

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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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