AT&T, Harley-Davidson Skid into Tuesday’s 52-Week Low Club
July 18, 2017 by Paul AusickJuly 18, 2017: Here are four stocks trading with heavy volume among 59 equities making new 52-week lows in Tuesday’s session. On the NYSE, decliners led advancers by about 8 to 7 and on the Nasdaq, decliners led advancers by less than 4 to 3.
AT&T Inc. (NYSE: T) dropped about 1.4% Tuesday to post a new 52-week low of $35.87 after closing Monday at $36.39. The 52-week high is $43.50. Volume was around 5.8 million shares traded, nearly 10 times the daily average of around 600,000. The company had no specific news.
Harley-Davidson Inc. (NYSE: HOG) dropped about 11.5% Tuesday to post a new 52-week low of $46.00 after closing at $52.00 on Monday. Volume was about 16.8 million, around 8 times the daily average of 2.3 million shares. The company reported weak earnings this morning and offered up weak guidance.
ImmunoCellular Therapeutics Ltd. (NYSEMKT: IMUC) posted a new 52-week low of $0.48 on Tuesday, down nearly 61% compared with Monday’s closing price of $1.22. Volume totaled around 7.3 million shares, nearly 25 times the daily average. The company had no specific news Tuesday. The company price an offering of 5,000 preferred stock and warrants to purchase another 9,000 shares of preferred stock a $1,000 per share to raise approximately $5 million.
CenturyLink Inc. (NYSE: CTL) dropped about 2.7% Tuesday to post a new 52-week low of $22.26 after closing at $22.86 on Monday. The stock’s 52-week high is $33.45. Volume of about 6.9 million was around 30% below the daily average of about 10.1 million. The company had no specific news.
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