The 52-Week Low Club for Thursday
December 10, 2015 by Paul AusickDecember 10, 2015: Here are four stocks trading with heavy volume among 144 equities making new 52-week lows today.
The Men’s Wearhouse Inc. (NYSE: MW) dropped about 26% on Thursday to post a new 52-week low of $13.55 against a 52-week high of $66.18. The stock closed at $18.39 on Wednesday night. Volume reached nearly 20 million shares, about 10 times the daily average of around 1.8 million shares traded. The men’s clothier is taking its lumps after reporting a quarterly loss after markets closed Wednesday.
Southwestern Energy Co. (NYSE: SWN) slipped about 5.2% on Thursday to post a new 52-week low of $6.59 against a high of $31.49. The stock closed at $6.95 on Wednesday night. Volume was about 25% below the daily average of around 14 million shares traded. The energy company had no specific news today, but lower crude oil prices weighed on the stock.
Staples Inc. (NASDAQ: SPLS) posted a new low on Thursday. Shares dropped about 1.1% to a low of $9.75 from Wednesday’s closing price of $9.86. The stock’s 52-week high is $19.40. Volume was about 10% below the daily average of around 9.3 million shares. The office supply store had no specific news today either.
Banco Santander SA (NYSE: SAN) dropped about 1% on Thursday to post a new 52-week low at $5.06 after closing at $5.11 on Wednesday. The stock’s 52-week high is $8.74. Share volume was about equal to the daily average of around 5.9 million. The Spanish bank had no specific news today either.
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