Investing

The 52-Week Low Club (VZ)(IAR)(MS)(BX)(UBS)

Verizon (VZ) Bad news on broadband set-top delays and price cutting for cellular service. Falls to $35.37 from 52-week high of $46.24.

Idearc (IAR) New CEO appointed after weak earnings. Not much of a first day at work. Shares drop to $7.64 from 52-week high of $38.

Morgan Stanley (MS) Fear of more write-offs. Sells down to $41.42 from 52-week high of $90.95.

Blackstone Group (BX) Market hates private equity. Shares drop to $16.05 from 52-week high of $38.

UBS (UBS) Bad day to be a bank. Moves down to $32.57 from 52-week high of $66.26.

Del Monte Foods (DLM) No news, just selling. Falls to $8.05 from 52-week high of $12.94.

Penwest Pharmaceuticals (PPCO) Generic competition trying to come into market. Drops to $2.90 from 52-week high of $15.42.

Douglas A. McIntyre

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.