The 52-Week Low Club for Thursday
ThinkstockDecember 4, 2014: Here are four stocks among the 145 equities making new 52-week lows today. Aeropostale Inc. (NYSE: ARO) dropped about 27.6% Thursday to post a new 52-week low of $2.31. The stock’s 52-week high is $9.95. Volume is…
December 4, 2014: Here are four stocks among the 145 equities making new 52-week lows today.
Aeropostale Inc. (NYSE: ARO) dropped about 27.6% Thursday to post a new 52-week low of $2.31. The stock’s 52-week high is $9.95. Volume is nearly 10-times the daily average of around 2 million shares. The teen retailer reported weak quarterly results after markets closed Wednesday.
Peabody Energy Corp. (NYSE: BTU) dropped about 5% on Thursday to post a new 52-week low of $8.73 after closing at $9.19 on Wednesday. The stock’s 52-week high is $19.94. Share volume is about 20% above the 13 million daily average shares traded. The coal miner is sliding along with nearly every other energy-related stock.
Halliburton Co. (NYSE: HAL) posted a drop of about 1.8% today to establish a new 52-week low of $40.02 against a high of $74.33. Volume is about 60% above the daily average of around 17 million shares. Another major stock in the energy sector that is getting beaten up today.
Vale SA (NYSE: VALE) posted a new 52-week low on Thursday of $8.29. Based on Wednesday night’s closing price of $8.53 that’s a drop of nearly 2.8%. The stock’s 52-week high is $15.59. Trading volume is about 40% higher than the daily average of around 11 million shares. The iron ore miner said on Wednesday that it is curtailing capital spending.
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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.