Liberty Global’s Latin American Subsidiaries in Monday’s 52-Week Low Club
August 8 2016: Here are three stocks trading with relatively heavy volume among XX equities making new 52-week lows in Monday’s session. NYSE advancers led decliners by about 5 to 4and Nasdaq decliners led advancers by about the same margin.…
August 8 2016: Here are three stocks trading with relatively heavy volume among XX equities making new 52-week lows in Monday’s session. NYSE advancers led decliners by about 5 to 4and Nasdaq decliners led advancers by about the same margin.
Liberty LiLAC Group (NASDAQ: LILAK) dropped about 13% on Monday to post a new 52-week low of $28.81 after closing at $33.14 on Friday. The stock’s 52-week high is $44.95. Volume reached about 5 times the daily average of around 940,000 shares. The Latin American subsidiary of Liberty Global plc had no specific news today.
Liberty LiLAC Group (NASDAQ: LILA) lost about 11.4% Monday to post a new 52-week low of $28.76 after closing Friday at $32.46. The 52-week high is $42.63. Volume was about double the daily average of around 550,000 shares. Like its Class C common stock that trades under the LILAK symbo, Class A common stock also tumbled today.
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TG Therapeutics Inc. (NASDAQ: TGTX) dropped about 10% on Monday to post a new 52-week low of $5.41 against a 52-week high of $16.85. Volume of around 570,000 was about 20% higher than the daily average of around 450,000. The stock closed at $6.02 on Friday night. The company reported an unexpected net loss this morning.
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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.