February 11, 2016: Here are four stocks trading with heavy volume among 769 equities making new 52-week lows today.
Bank of America Corp. (NYSE: BAC ) dropped about 8.3% on Thursday to post a new 52-week low at $10.99 after closing at $11.98 on Wednesday. The stock’s 52-week high is $18.48. Share volume totaled about 3 times the daily average of around 108 million shares traded. The big bank is worrisome to investors with all the concerns over negative interest rates.
Citigroup Inc. (NYSE: C) posted a new 52-week low on Thursday. Shares traded at a low of $34.52, down about 7.7%, after closing at $37.41 on Wednesday. The stock’s 52-week high is $60.95. Volume of nearly double the daily average of around 22 million shares. Another victim of investor concern over where bank profits are likely to go.
Twitter Inc. (NYSE: TWTR) fell by about 7.1% on Thursday to post a new 52-week low of $13.91 against a high of $91.34. The stock closed at $14.98 on Wednesday night. Volume rose to about 34 million, about 60% above the daily average of about 20 million shares traded. Investors worry that user growth is stalled at the social media company.
The Boeing Co. (NYSE: BA) dropped about 12.3% on Thursday to post a new 52-week low of $120.10 against a 52-week high of $158.83. The stock closed at $116.36 on Wednesday night. Volume reached nearly 32 million shares, about 7 times the stock’s daily average volume of around 4.8 million. A report at Bloomberg cites sources who say the company’s program accounting method is being investigated by the SEC.
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
