ImmunoGen, CVR Top Thursday’s 52-Week Low Club
July 14, 2016: Here are four stocks trading with relatively heavy volume among just 13 equities making new 52-week lows in Thursday’s session. Volumes did not rise about 1 million for any of the losers. NYSE advancers led decliners by…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
July 14, 2016: Here are four stocks trading with relatively heavy volume among just 13 equities making new 52-week lows in Thursday’s session. Volumes did not rise about 1 million for any of the losers. NYSE advancers led decliners by 3 to 2 and Nasdaq advancers led decliners by about the same margin.
ImmunoGen Inc. (NASDAQ: IMGN) lost about 2.1% to post a new 52-week low of $2.76 versus a high of $19.43. Volume totaled about 65% less than the daily average of nearly 2.3 million. The biotech firm had no specific news Thursday.
CVR Inc. (NYSE: CVI) dropped about 1.3% on Thursday to post a new 52-week low of $14.13 against a 52-week high of $48.37. Volume was about 25% below the daily average of around 730,000. The stock closed at $14.31 on Wednesday night. The oil refiner and fertilizer maker had no specific news.
Calithera Biosciences Inc. (NASDAQ: CALA) fell by about 5% on Thursday to post a new 52-week low of $3.24 against a high of $10.90. The stock closed at $11.3.41 on Wednesday night. Volume more than doubled the stock’s daily average of around 130,000. The company had no specific news.
[nativounit]
Regenxbio Inc. (NASDAQ: RGNX) slipped 3.7% on Thursday to post a new 52-week low of $7.30 after closing at $7.58 on Wednesday. The stock’s 52-week high is $32.00. Volume reached 60% more than the daily average of around 160,000 shares. The company had no news for the day.
[wallst_email_signup]
Contact [email protected] for any questions or corrections.
Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.