The 52-Week Low Club for Friday
ThinkstockFebruary 27, 2015: Here are four stocks among the 54 equities making new 52-week lows today. 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.…
February 27, 2015: Here are four stocks among the 54 equities making new 52-week lows today.
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.
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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.