General Electric, Under Armour Plunge into Tuesday’s 52-Week Low Club

Photo of Paul Ausick
By Paul Ausick Updated Published

Invalid Image
October 31, 2017: Here are four stocks trading with heavy volume among 107 equities making new 52-week lows in Tuesday’s session. On the NYSE, advancers led decliners by about 8 to 5 and on the Nasdaq advancers led decliners by about 2 to 1.

AK Steel Holding Corp. (NYSE: AKS) dropped almost 22% Tuesday to post a new 52-week low of $4.58 after closing at $5.85 on Monday. The stock’s 52-week high is $11.39. Volume of around 85 million was about six times the daily average. The steelmaker reported worse-than-expected results this morning.

General Electric Co. (NYSE: GE) dropped about 1.3% Tuesday to post a new 52-week low of $20.05 after closing at $20.41 on Monday. The 52-week high is $32.38. Volume was around 76 million, almost 50% above the daily average of about 52 million. The company had no specific but posted its seventh consecutive 52-week low regardless.

[nativounit]

Under Armour Inc. (NYSE: UAA) posted a new 52-week low of $12.76 on Tuesday, down about 22% from Monday’s closing price of $16.41. The stock’s 52-week high is $33.45. Volume totaled around 35 million shares, more than eight times the daily average. The company reported weak third-quarter results and slashed its outlook.

Eldorado Gold Corp. (NYSE: EGO) dropped more than 10% Tuesday to post a new 52-week low of $1.22 after closing at $1.36 on Monday. The 52-week high is $3.91. Volume was around 20 million, almost triple the daily average of around 7 million. The gold mining company had no specific news Tuesday.

[recirclink id=422505]

[wallst_email_signup]

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

SMCI Vol: 55,576,752
SWKS Vol: 1,394,183
ON Vol: 3,628,441
ABBV Vol: 2,820,516
DELL Vol: 3,427,576

Top Losing Stocks

MRNA Vol: 3,276,405
CTRA Vol: 73,319,495
GOOG Vol: 12,209,208
GOOGL Vol: 18,826,324
ACN Vol: 8,910,735