The 52-Week Low Club for Tuesday
Annaly Capital Management Inc. (NYSE: NLY) dropped about 1.3% on Tuesday to post a new 52-week low of $10.10 against a high of $11.95. The stock closed at $10.23 on Monday night. Volume was about 20% below the daily average of around 7.5 million shares. The company had no specific news today.
Vivus Inc. (NASDAQ: VVUS) also posted a new 52-week low on Tuesday. Shares dropped about 3% to $2.26 from Monday’s closing price of $2.33. The stock’s 52-week high is $5.95. Volume is 30% below the daily average of around 2.1 million shares. The drug maker said this morning that its Qsymia drug will be added to the extra-value list at Sam’s Club stores.
Uni-Pixel Inc. (NASDAQ: UNXL) dropped nearly 39% on Tuesday to post a new 52-week low of $3.57 after closing at $5.83 on Monday. The stock’s 52-week high is $9.30. Share volume was 15-times the daily average of around 180,000 shares traded. The company said yesterday that it is pulling out of a proposed joint venture with Kodak.
American Capital Agency Corp. (NASDAQ: AGNC) dropped about 3.8% on Tuesday to post a new 52-week low of $20.68 after closing at $21.50 on Monday. The stock’s 52-week high is $24.06. Share volume was nearly double the daily average of around 3 million shares traded. The REIT cut its monthly dividend from $0.22 to $0.20 after falling short on earnings.