The 52-Week Low Club (MTG)(LCC)(RBS)(BAC)(MER)(CAL)(GHS)(EWBC)
June 11, 2008 by Douglas A. McIntyreMGIC Investment (MTG) Money still moving out of bond insurers. Down to $8.75 from 52-week high of $62.94.
US Airways Group (LCC) Oil prices up driving airlines down. Company say fuel bill could move up $2 billion of year. Down to $3.11 from 52-week high of $36.81.
Royal Bank of Scotland (RBS) Still dropping for losses and concerns about balance sheet. Down to $4.18 from 52-week high of $11.50.
Bank of America (BAC) Worries over losses and buy-out of Countrywide (CFC) Sells down to $28.93 from 52-week high of $52.96.
Merrill Lynch (MER) Brokerage stocks still being hurt by Lehman (LEH) results. Sell off to $35.66 from 52-week high of $91.95.
Continental Airlines (CAL) Like the rest, pressured by high fuel prices. Drops to $12.08 from 52-week high of $39.79.
Gatehouse (GHS) Newspaper stocks continue to fall. Dips to $3.18 from 52-week high of $19.60.
East West Bancorp (EWBC) Regional banks keep falling on mortgage concerns. Drops to $9.86 from 52-week high of $40.88.
Douglas A. McIntyre
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