The 52-Week Low Club for Wednesday
ThinkstockMay 20, 2015: Here are four stocks among the 54 equities making new 52-week lows today. Peabody Energy Corp. (NYSE: BTU) dropped another 5.6% on Wednesday to post a new 52-week low of $3.55 after closing at $3.76 on Tuesday.…
May 20, 2015: Here are four stocks among the 54 equities making new 52-week lows today.
Peabody Energy Corp. (NYSE: BTU) dropped another 5.6% on Wednesday to post a new 52-week low of $3.55 after closing at $3.76 on Tuesday. The stock’s 52-week high is $18.23. Share volume was about 15% above the daily average of around 12.8 million shares traded. The coal miner had no specific news today.
Etsy Inc. (NASDAQ: ETSY) posted a new 52-week low on Wednesday. Shares dropped more than 25% to $15.70 from Tuesday’s closing price of $21.00. The stock’s post-IPO high is $35.74. Volume was more than 4-times the daily average of around 2.2 million shares. The company’s first quarterly earnings report as a publicly traded firm was weaker than analysts had been expecting.
Frontier Communications Inc. (NASDAQ: FTR) dropped about 1.1% on Wednesday to post a new 52-week low of $5.32 after closing at $5.38 on Tuesday. The stock’s 52-week high is $8.46. Share volume was about equal to the daily average of around 10.6 million shares traded. The company had no specific news today.
EVINE Live Inc. (NASDAQ: EVLV) dropped about 45% on Wednesday to post a new 52-week low of $3.10 against a 52-week high of $7.00. The stock closed at $5.63 on Tuesday night. Volume was more than 20-times the daily average of around 220,000 shares. The digital commerce company missed earnings estimates this morning.
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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.