Avon, Fitbit Plunge into Friday’s 52-Week Low Club
May 26, 2017 by Paul AusickMay 26, 2017: Here are four stocks trading with relatively heavy volume among 111 equities making new 52-week lows in Friday’s session. On the NYSE, advancers led decliners by about 8 to 7 and on the Nasdaq decliners led advancers by about 5 to 4.
Avon Products Inc. (NYSE: AVP) dropped about 7.9% Friday to post a new 52-week low of $3.27 after closing Thursday at $3.55. The 52-week high is $6.96. Volume rose to nearly 5 times the daily average of about 6.6 million shares. The company had no specific news.
Noble Corp. plc (NYSE: NE) dropped about 5.7% Friday to post a new 52-week low of $3.97 after closing at $4.21 on Thursday. The stock’s 52-week high is $9.73. Volume was nearly 20% above the daily average of around 12 million shares. The company had no specific news.
Fitbit Inc. (NYSE: FIT) dropped about 2% Friday to post a new 52-week low of $5.28 after closing at $5.39 on Thursday. The stock’s 52-week high is $17.18. Volume of about 5.4 million was about 25% above the daily average of around 8.2 million shares traded. The company had no specific news Friday.
Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) posted a new 52-week low of $96.18 on Friday, down about 2.4% compared with Thursday’s closing price of $98.50. The stock’s 52-week high is $157.02. Volume totaled about 5.6 million shares, over double the daily average of about 2.4 million. The company had no news Friday.
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