Investing
Express Inc., Coke Drop into Thursday's 52-Week Low Clubstock
Published:
Last Updated:
December 1, 2016: Here are four stocks trading with relatively heavy volume among 87 equities making new 52-week lows in Thursday’s session. On the NYSE, decliners led advancers by about 6 to 5 and on the Nasdaq decliners led advancers by about 9to 5.
The Coca-Cola Co. (NYSE: KO) dropped about 1.2% on Thursday to post a new 52-week low of $39.88 after closing at $40.35 on Wednesday. The stock’s 52-week high is $47.13. Volume of about 14.5 million was less than 10% below the daily average. The company had no specific news again Thursday.
Express Inc. (NYSE: EXPR) lost about 22% Thursday to post a new 52-week low of $10.38 after closing Wednesday at $13.36. The 52-week high is $21.57. Volume of around 12 million was nearly 6 times the daily average of around 2.1 million shares traded. The company reported weakish third-quarter earnings and offered weaker guidance for the current quarter.
Fang Holdings Ltd. (NYSE: SFUN) dropped nearly 5.8% on Thursday to post a new 52-week low of $2.76 after closing at $2.93 on Wednesday. The stock’s 52-week high is $7.52. Volume was more than double the daily average of around 4 million shares. The China-based online real-estate site report a revenue miss earlier this week and some possible regulatory challenges.
Guess? Inc. (NYSE: GES) dropped about 14.5% on Thursday to post a new 52-week low of $13.10 against a 52-week high of $22.84 and a Wednesday close of $15.32. Volume of about 7.5 million was about 6 times the daily average of around 1.2 million. The company reported falling earnings and weak guidance after markets closed Wednesday.
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
