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Staples, Dell Join Today’s ’52-Week Low Club’

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By 247sam Updated Published

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Shares of Staples, Inc. (NASDAQ: SPLS) fell 1.18% to close at $10.85 on trading volume of 15 million shares. The company was downgraded by Morgan Stanley on Friday from ‘overweight’ to ‘equal weight’. Before Friday, the 52-week low was $10.92.

Shares of Dell Inc. (NASDAQ: DELL) fell 0.18% on trading volume of 19.9 million shares. While the company’s recent earnings were in line with Wall Street expectations, revenue missed and guidance disappointed Wall Street. Earlier in trading, the company hit a 52-week low of $11.16. Before Friday, the 52-week low was $11.22.

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