Investing
Tractor Supply, Kroger Tumble into Thursday's 52-Week Low Club
Published:
Last Updated:
September 8, 2016: Here are four stocks trading with relatively heavy volume among 19 equities making new 52-week lows in Thursday’s session. NYSE decliners led advancers by about 5 to 4 and Nasdaq decliners led advancers by just 4 percentage points.
Tractor Supply Co. (NASDAQ: TSCO) lost about 17% Thursday to post a new 52-week low of $69.27 after closing Wednesday at $83.53. The 52-week high is $97.25. Volume of more than 16 million was nearly 15 times the daily average of around 1.2 million. The agricultural supply store chopped guidance this morning.
The Kroger Co. (NYSE: KR) dropped about 2% on Thursday to post a new 52-week low of $30.70 against a 52-week high of $42.75. Volume of around 14.5 million was about 60% above the daily average of around 9.7 million. The stock closed at $31.32 on Wednesday night. Kroger took another dose of harsh treatment following Supervalu’s lowered guidance.
Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) dropped about 1.4% on Thursday to post a new 52-week low of $6.95 after closing at $7.05 on Wednesday. The stock’s 52-week high is $10.58. Volume was nearly equal to the daily average of around 4 million shares. The company had no specific news Thursday.
SeaWorld Entertainment Inc. (NYSE: SEAS) dropped about 5% on Thursday to post a new 52-week low of $12.45 against a 52-week high of $21.85. Volume of around 2.4 million was about 30% above the daily average of around 1.8 million. The stock closed at $25.98 on Wednesday night. The company had no specific news Thursday.
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
