Source: Thinkstock
Cloud Peak Energy Inc. (NYSE: CLD) dropped 2.6% on Wednesday following an announcement Tuesday afternoon that the company is lowering its coal shipment forecast for both 2014 and 2015. The new 52-week low is $14.06. Share volume is about double the daily average of around 780,000. The stock’s 52-week high is $22.43. The company’s CEO said coal prices are “unsustainably low.”
IRadimed Corp. (NASDAQ: IRMD) dropped nearly 40% today to post a new 52-week low of $6.26 compared with the stock’s 52-week high of $13.60. The maker of MRI-compatible products said late Tuesday that it had received a warning letter from the U.S. FDA. related to its infusion pumps which the FDA clams have been both “adulterated” and “misbranded” following company-issued software updates.
Millenial Media Inc. (NYSE: MM) dropped more than 7% today to post a new 52-week low of $2.19. Share volume was about equal to the average daily volume of around 1.7 million shares and the 52-week high is $8.44. The mobile advertising platform provider’s stock has dropped nearly 12% in the last five trading sessions.
Sportsman’s Warehouse Holdings Inc. (NASDAQ: SPWH) dropped about 5% today to post a new post-IPO low of $5.43. Volume is nearly 30% higher than the daily average of around 270,000 shares. The sporting goods retailer will report second-quarter results next Thursday. The stock’s 52-week high is $11.00.
ALSO READ: Companies That Control the World’s Food
ALERT: Take This Retirement Quiz Now (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
