The 52-Week Low Club for Tuesday
ThinkstockOctober 7, 2014: The following stocks are among the 291 equities making new 52-week lows today: AGCO Corp. (NYSE: AGCO) dropped about 11.8% Tuesday to a new 52-week low of $41.56. Share volume is about 5-times the daily average of around…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
October 7, 2014: The following stocks are among the 291 equities making new 52-week lows today:
AGCO Corp. (NYSE: AGCO) dropped about 11.8% Tuesday to a new 52-week low of $41.56. Share volume is about 5-times the daily average of around 1.4 million. The stock’s 52-week high is $64.60. The farm machinery maker warned on earnings this morning and dragged down larger competitor Caterpillar Inc. (NYSE: CAT) as well.
King Digital Entertainment plc (NYSE: KING) dropped about 3.6% today to post a 52-week — and all-time — low of $12.20. The stock’s 52-week high is $23.48. The mobile game maker had no news today, but last’s announcement of a $0.46 per share special dividend didn’t do a lot to keep the stock price up. Trading volume is about 35% below the daily average of around 1.7 million shares traded.
SodaStream International Ltd. (NASDAQ: SODA) sank to another new 52-week — and all-time — low on Tuesday of $21.39. Based on Monday night’s closing price of $27.57 that’s a drop of more than 22%. The stock’s 52-week high is $64.00. Trading volume is about 10-times the daily average of around 1.1 million shares. The company warned on revenues Tuesday morning.
The Container Store Group Inc. (NYSE: TCS) posted a drop of about 27% today to a new 52-week — and an all-time — low of $15.99 against a 52-week high of $47.07. Volume is about 25% below the daily average of around 19 million shares. The company reported weak earnings and lowered its outlook after markets closed on Monday.
ALSO READ: 10 Best Technology Companies to Work
Contact [email protected] for any questions or corrections.
Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.