Investing

JetBlue Joins Valeant in Tuesday's 52-Week Low Club

June 21, 2016: Here are four stocks trading with relatively heavy volume among 50 equities making new 52-week lows in Tuesday’s session. NYSE advancers led decliners by 5 to 4 while Nasdaq decliners led advancers by nearly 3 to 2.

Valeant Pharmaceuticals International Inc. (NYSE: VRX) posted a new 52-week low on Tuesday. Shares traded at a low of $21.41, down about 0.5%, after closing at $22.42 on Monday. The stock’s 52-week high is $263.81. Volume was about 40% below the daily average of around 34 million shares. The drug maker had no specific news Tuesday and shares still hit a six-year low.

Liberty Global plc (NASDAQ: LBTYK) dropped about 12.6% on Tuesday to post a new 52-week low of $29.95 against a 52-week high of $53.62. Volume was about 50% above the daily average of around 3.8 million. The stock closed at $34.26 on Monday night. The media company distributed new shares of Liberty Global Latin America and Caribbean to all holders of ordinary shares in Liberty Global Group.

Liberty Global plc (NASDAQ: LBTYA) dropped about 12.2% on Tuesday to post a new 52-week low of $30.60 against a 52-week high of $53.62. Volume was more than double the daily average of around 2.7 million. The stock closed at $34.87 on Monday night. The media company distributed new shares of Liberty Global Latin America and Caribbean to all holders of ordinary shares in Liberty Global Group.

JetBlue Airways Corp. (NASDAQ: JBLU) fell by about 0.7% on Tuesday to post a new 52-week low of $16.20 against a high of $27.36. The stock closed at $16.31 on Monday night. Volume reached about 4.8 million shares, down about 30% from the stock’s daily average of around 6.2 million. The airline had no specific news Tuesday, and shares staged a comeback in the mid-morning and appear headed for a modestly higher close.