GoPro Inc.) dropped about 1.2% on Tuesday to post a new 52-week low of $36.38 against a 52-week high of $98.47. The stock closed at $36.83 on Friday night. Volume is roughly 40% above the daily average of around 7.5 million shares traded. Analysts at Baird lowered their price target on the stock today.
Media General Inc. (NYSE: MEG) dropped nearly 8% on Tuesday to post a new 52-week low at $10.26 after closing at $11.15 on Friday. The stock’s 52-week high is $18.00. Share volume was more than 6 times the daily average of around 850,000. The TV station owner/operator announced today that it will pay $3 billion for competitor Meredith Corp. Fortune noted that with nearly 5 months remaining in 2015 we have already seen an all-time record of $1.503 trillion in M&A activity this year.
Vince Holding Corp. (NYSE: VNCE) posted a new 52-week low on Tuesday. Shares dropped about 5.5% to a low of $4.95 from Friday’s closing price of $5.24. The stock’s 52-week high is $37.68. Volume totaled about 5 times the daily average of around 600,000. The apparel maker continues to suffer from its lowered profit outlook. Shares fell 42% Friday following the late announcement on Thursday.
Keryx Biopharmaceuticals Inc. (NASDAQ: KERX) dropped about 3.6% on Tuesday to set a new 52-week low of $4.59 after closing at $4.76 on Friday. The stock’s 52-week high is $17.97. Share volume totaled around 1.8 million shares, about 15% above the daily average of around 1.7 million. The company had no specific news today, and actually recovered nicely after being down by 6% at one point. Shares are down just 0.1% on the day shortly before the closing bell.
ALSO READ: 8 States Running Out of Water
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.