The 52-Week Low Club (ABK)(LCC)(AIG)(WB)(FVRL)(HBAN)
May 28, 2008 by Douglas A. McIntyreAmbac (ABK) Still dogged by concerns about losses and inadequate capital. Falls to $2.88 from 52-week high of $92.08.
US Airways (LCC) Concerns about cost of oil get worse. Drops to $4.06 from 52-week high of $36.81.
American International Group (AIG) Analyst concerns that new capital raise will fall short. Sells off to $34.53 from 52-week high of $72.96.
Wachovia (WB) Worries about the bank’s balance sheet increase. Skids to $23.13 from 52-week high of $54.95.
Favrille (FVRL) Down a second day after drug trial failure. Hits bottom at $.14 from 52-week high of $4.08.
Huntington Bancshares (HBAN) Market concerns that some mid-tier banks will fail. Runs down to $8.88 from 52-week high of $22.96.
Douglas A. McIntrye
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