The 52-Week Low Club for Friday
Weight Watchers International Inc. (NYSE: WTW) dropped nearly 38% on Friday to establish a new 52-week low at $10.90 against a high of $29.84. Volume was about 20-times the daily average of around 900,000 shares. The company posted a loss on Thursday night.
Crocs Inc. (NASDAQ: CROX) posted a new 52-week low on Friday. Shares dropped about 4.1% to $10.25 from Thursday’s closing price of $10.69. The stock’s 52-week high is $16.83 Volume is about 7-times the daily average of around 900,000 shares. Like Weight Watchers, the shoe manufacturer posted a loss last night.
NRG Energy Inc. (NYSE: NRG) dropped about 4.6% on Friday to post a new 52-week low of $23.62 after closing at $24.77 on Thursday. The stock’s 52-week high is $38.09. Share volume was about 15% above the daily average of around 4.3 million shares traded. The company missed estimates this morning.
Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) dropped about 2.8% on Friday to post a new 52-week low of $45.68 after closing at $46.99 on Thursday. The stock’s 52-week high is $124.42. Share volume was about 65% above the daily average of around 2.3 million shares traded. The China-based Internet and mobile services company announced today that it had completed its $200 million stock buyback program.