April 13, 2016: Here are two stocks trading with relatively heavy volume among just 3 equities making new 52-week lows in Thursday’s session. The day’s decliners led advancers on both the NYSE and Nasdaq by about 5 to 4.
Great Basin Scientific Inc. (NASDAQ: GBSN) dropped nearly 20% on Thursday to post a new 52-week low of $2.52 against a 52-week high of $128.10 (adjusted for a 1-for-60 reverse stock split in December 2015). The stock closed at $3.13 on Wednesday night. Volume was roughly equal to the stock’s daily average volume of around 800,000. On Wednesday the company received a letter from Nasdaq stating that the company’s stock could be delisted if certain conditions aren’t met.
No other company that traded more than 100,000 shares posted a new low today.
No Commission Fees, No Minimums, No Velvet Ropes. (Sponsored)
Robinhood revolutionized commission free investing, and it continues to do so today. With a few simple taps you can trade stocks like Nvidia and Amazon, market beating mutual funds, and trade options with Robinhood Financial. FDIC insurance coverage is just another benefit.
And, you can buy and sell cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) with Robinhood Crypto.
Sign up today — click here to start your journey.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.