Plug Power, Innocoll Drop into Friday’s 52-Week Low Club

December 30, 2016 by Paul Ausick

December 30, 2016: Here are four stocks trading with relatively heavy volume among 66 equities making new 52-week lows in Friday’s session. On the NYSE, decliners led advancers by about 3 to 2 and on the Nasdaq decliners led advancers by nearly 2 to 1. Total volume reached about 80% of the daily average.

Innocoll Holdings plc (NASDAQ: INNL) dropped about 67% on Friday to post a new 52-week low of $0.59 after closing at $1.77 on Thursday. The stock’s 52-week high is $12.94. Volume of nearly 7.4 million shares was around 80 times the daily average of about 90,000. The drug maker’s pain treatment received a refusal to file letter from the FDA.

Anthera Pharmaceuticals Inc. (NASDAQ: ANTH) dropped about 9.9% on Friday to post a new 52-week low of $0.64 against a 52-week high of $4.90 and a Thursday close of $0.71. Volume of about 5.7million was more than 3 times the daily average of around 1.6 million. The company had no specific news Friday.

Peregrine Pharmaceuticals Inc. (NASDAQ: PPHM) dropped about 9.3% Friday to post a new 52-week low of $0.29 after closing Thursday at $0.32. The 52-week high is $1.18. Volume of around 4.7 million was more than 3 times the daily average of around 1.5 million shares traded. The company had no specific news.

Plug Power Inc. (NASDAQ: PLUG) dropped about 3.3% on Friday to post a new 52-week low of $1.18 after closing at $1.22 on Thursday. The stock’s 52-week high is $2.28. Volume was about 15% higher than the daily average of around 3 million shares. The company had no specific news Friday.

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.