Infosys, Noble Corp. Drop into Monday’s 52-Week Low Club

Photo of Paul Ausick
By Paul Ausick Updated Published

August 22, 2016: Here are four stocks trading with relatively heavy volume among 27 equities making new 52-week lows in Monday’s session. NYSE advancers and decliners were about evenly split and Nasdaq advancers led decliners by barely 3 percentage points.

Noble Corp. plc (NYSE: NE) dropped about 3.9% on Monday to post a new 52-week low of $5.97 after closing at $6.21 on Friday. The stock’s 52-week high is $14.64. Volume totaled about 7 million shares, about 20% below the daily average of around 8.8 million shares. The offshore services company had no specific news Monday.

Infosys Ltd. (NYSE: INFY) lost about 1.6% Monday to post a new 52-week low of $15.64 after closing Friday at $15.90. The 52-week high is $20.47. Volume of around 3 million was about 25% below the daily average of around 4.3 million. The India-based company had no specific news.

[nativounit]

21Vianet Group Inc. (NASDAQ: VNET) dropped about 7.4% on Monday to post a new 52-week low of $8.33 against a 52-week high of $29.65. Volume of around 2.6 million was about 30% above the daily average of around 1.8 million. The stock closed at $9.00 on Friday night. The company had no specific news Monday.

Liberty LiLAC Group (NASDAQ: LILAK) dropped 2.9% on Monday to post a new 52-week low of $27.19 against a 52-week high of $44.95. Volume of around 1.7 million was about 10% above the daily average of around 1.2 million. The stock closed at $28.00 on Friday night.  The Latin American subsidiary of Liberty Global plc had no specific news.

[wallst_email_signup]

Photo of Paul Ausick
About the Author Paul Ausick →

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.

Continue Reading

Top Gaining Stocks

SMCI Vol: 36,726,381
ON Vol: 2,011,855
SWKS Vol: 494,409
COIN Vol: 2,676,668
GNRC Vol: 190,776

Top Losing Stocks

CTRA Vol: 73,319,495
MRNA Vol: 1,984,678
ALB Vol: 370,814
GOOGL Vol: 8,553,736
DPZ Vol: 206,216