52-Week Low Club (T, CCE, CHB, EBAY, GGC, GLBL, IGT, PAA, RRI, SGLP, TXT, VCLK)

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By Douglas A. McIntyre Updated Published

52_week_low_imageWe’ve had essentially a 500 point rally in the DJIA in just the last two days and oil is starting to lose its mo-mo.  Yet some companies just refuse to participate in the rally because of news, and many look like they were caught in a mid-city explosion (hence the image). 

Regardless of how the market does you can always count on many news-driven or sector driven events causing new lows.  One thing is for sure during a weak economy and during choppy earnings, there will be many more stocks in the coming weeks hitting 52-week lows.  Some will continue hitting new lows over and over.

Below are some of the companies whose stocks hit new 52-week lows today:

  • AT&T Inc. (NYSE: T)
  • Coca Cola Enterprises (NYSE: CCE)
  • Champion Enterprises (NYSE: CHB)
  • eBay Inc. (NASDAQ: EBAY)
  • Georgia Gulf (NYSE: GGC)
  • Global Industries (NASDAQ: GLBL)
  • International Game Tech (NYSE: IGT)
  • Plains All American LP (NYSE: PAA)
  • Reliant Energy Inc. (NYSE: RRI)
  • Semgroup Energy Partners (NASDAQ: SGLP)
  • Textron Inc. (NYSE: TXT)
  • ValueClick Inc. (NASDAQ: VCLK)

As a reminder, not all of these have closed on fresh 52-week lows butthese were among the more active stocks today that hit fresh lows overthe last year.

Jon C. Ogg
July 17, 2008

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About the Author 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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