Exxon Mobil Corp. (NYSE: XOM) posted a new 52-week low on Friday. Shares dropped about 4.9% to a low of $78.93 from Thursday’s closing price of $83.01. The stock’s 52-week high is $100.43. Volume totaled nearly 20 million shares, about double the daily average of around 11 million. The company’s earnings report was even worse than expected this morning.
Twitter Inc. (NYSE: TWTR) dropped about 2% on Friday to post a new 52-week low of $30.85 after closing at $31.47 on Thursday. The stock’s 52-week high is $55.99. Share volume totaled around 15 million shares, about 30% below the daily average of nearly 22 million. The company continues to stagger following a weak earnings report earlier this week.
Chevron Corp. (NYSE: CVX) dropped about 5.4% on Friday to post a new 52-week low at $88.01 after closing at $93.03 on Thursday. The stock’s 52-week high is $129.53. Share volume totaled about 15 million, about double the daily average of about 7.5 million. Chevron also turned in a weak second-quarter report this morning.
Linn Energy LLC (NASDAQ: LINE) dropped about 16% on Friday to post a new 52-week low of $4.00 against a 52-week high of $31.80. The stock closed at $4.76 on Thursday night. Volume totaled about 13 million shares, nearly four times the daily average of around 3.5 million shares traded. The company also dropped 28% on Thursday. There’s nothing like suspending distributions to shareholders to splatter a stock’s share price.
ALSO READ: Customer Service Hall of Fame
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.