July 28, 2015: Here are four stocks among the 296 equities making new 52-week lows and trading at heavy volume today.
Ambev SA (NYSE: ABEV) dropped about 2.7% on Tuesday to post a new 52-week low of $5.41 after closing at $5.56 on Monday. The stock’s 52-week high is $7.42. Share volume totaled around 36 million shares, about three-times the daily average of around 12 million. The company had no specific news today.
Baidu Inc. (NASDAQ: BIDU) posted a new 52-week low on Tuesday. American Depositary Shares (ADS) dropped about 18% to a low of $162.00 from Monday’s closing price of $197.68. The stock’s 52-week high is $251.99. Volume totaled nearly 26 million shares, about 8-times the daily average of around 3.4 million. The company reported weak earnings this morning.
Itaú Unibanco Holding SA (NYSE: ITUB) dropped about 2.5% on Tuesday to post a new 52-week low at $8.27 after closing at $8.48 on Monday. The stock’s 52-week high is $18.49. Share volume totaled nearly 25 million, almost double the daily average of about 13 million. The company had no specific news today.
Southwestern Energy Co. (NYSE: SWN) dropped about 4% on Tuesday to post a new 52-week low of $17.60 against a 52-week high of $41.55. The stock closed at $18.33 on Monday night. Volume totaled nearly 18 million shares, approaching 3-times the daily average of around 7 million shares traded. The company missed earnings estimates yesterday.
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