The 52-Week Low Club 9/16/2008 (AIG)(WM)(MER)(CEG)(GHS)
September 16, 2008 by Douglas A. McIntyre
Constellation Energy Group (CEG) falls on fears of link to the Lehman bankruptcy. The company says no. The shares plunges to $13 from 52-week high of $107.97.
Gatehouse (GHS) shows why it’s a bad time to be a newspaper company. It slips to $.40 from 52-week high of $13.50.
Washington Mutual (WM) sells down and then recovers. It hits $1.50, down from 52-week low of $39.25.
Merrill Lynch (MER) also starts down and springs up. The stock sells off to $16.25 from 52-week high of $78.66.
AIG (AIG) is another stock which drops and recovers. Shares are down to $1.25 from 52-week high of $70.13.
Douglas A. McIntyre
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