Source: Thinkstock
Extreme Networks Inc. (NASDAQ: EXTR) dropped about 28% on Friday to post a new 52-week low of $2.33 after closing at $3.24 on Thursday. The stock’s 52-week high is $5.82. Share volume totaled about 9-times the daily average of around 1 million shares traded. The company lowered guidance last night and replaced its chief revenue officer.
Apollo Education Group Inc. (NASDAQ: APOL) dropped about 2.8% on Friday to post a new 52-week low of $17.00 after closing at $17.49 on Thursday. The stock’s 52-week high is $34.55. Share volume was about 60% above the daily average of 1.7 million shares traded. The for-profit higher education company had no news today, but continues its string of new lows for a fourth of the last five days. The stock closed last Friday at $18.44.
LendingClub Corp. (NYSE: LC) dropped about 2.3% on Fridday to post a new 52-week low of $17.98 against a high of $29.29. The stock closed at $18.40 on Thursday night. Volume was about equal to the daily average of around 2.4 million shares. The company had no specific news today.
Inotek Pharmaceuticals Corp. (NASDAQ: ITEK) also posted a new 52-week low on Friday. Shares dropped about 4.2% to $4.99 from Thursday’s closing price of $5.21. The stock’s 52-week high is $6.20. Volume is about half the daily average of around 290,000 shares. Shares are down more than 15% since the company’s IPO in mid-February.
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