The 52-Week Low Club for Wednesday
April 20, 2016 by Paul AusickApril 20, 2016: Here are three stocks trading with relatively heavy volume among 6 equities making new 52-week lows in Wednesday’s session. NYSE advancing stocks beat decliners by nearly 3 to 2 and Nasdaq advancers led decliners by about 5 to 4 in Wednesday’s trading.
Liberty Media Corp. (NASDAQ: LMCK) fell by about 2.7% on Wednesday to post a new post-IPO low of $17.51 against a high of $40.61. The stock closed at $18.02 on Tuesday night. Volume totaled about 1.7 million shares on its third day of trading. The Liberty Media tracking stock had no specific news Wednesday.
Liberty Media Corp. (NASDAQ: LMCA) dropped about 4.3% on Wednesday to post a new 52-week low at $18.21 after closing at $19.03 on Tuesday. The stock’s 52-week high is $42.22. Share volume of around 1.5 million was about 50% above the daily average of about 1 million shares traded. The stock was downgraded at Buckingham Research Wednesday morning.
Chiasma Inc. (NASDAQ: CHMA) posted a new 52-week low on Wednesday. Shares traded at a low of $3.53, down about 6.8%, after closing at $3.79 on Tuesday. The stock’s 52-week high is $30.52. Volume totaled about 2.5 times the daily average of around 460,000 shares. The company had no specific news.
Essential Tips for Investing: Sponsored
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.