The 52-Week Low Club 7/15/2008 (NWS)(CBS)(DAL)(UAUA)(WB)(MS)(AIG)(C)(MER)(GHS)
July 15, 2008 by Douglas A. McIntyreGatehouse Media (GHS) Newspaper company down again. Falls to $1 from $19.
Merrill Lynch (MER) More write-off fears. Sells off to $23.64 from 52-week high of $89.23.
Citigroup (C) Bad Q2 on the way. Dips to $14.01 from 52-week high of $52.97.
AIG (AIG) Gets stuck in financial sink-hole. Runs off to $19.73 from 52-week high of $70.13.
Morgan Stanley (MS) Down on balance sheet concers. Falls to $29.60 from 52-week high of $73.55.
Wachovia (WB) Analayst downgrades shares. Drops to $7.80 from 52-week high of $53.10.
UAL (UAUA) High oil prices at the start of the day move stock off to $2.87 from 52-week high of $51.60.
Delta (DAL) Same fuel-related concerns. Sell off to $4 from 52-week high of $31.80.
CBS (CBS) Worries that recession will hurt ad sales. Drops to $16.23 from 52-week high of $35.75.
News Corp (NWS) Similar concerns about ad climate. Down to $13.97 from 52-week low of $24.95.
Douglas A. McIntyre
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