Pandora, AES Corp. Dip into Friday’s 52-Week Low Club
AES Corp., Pandora, Real Industry, and Johnson Controls all posted new 52-week lows on Friday.
November 10, 2017: Here are four stocks trading with heavy volume among 107 equities making new 52-week lows in Friday’s session. On the NYSE decliners led advancers by more than 8 to 7 and on the Nasdaq, advancers and decliners by about 2 to 1.
The AES Corp. (NYSE: AES) dropped about 2.9% Friday to post a new 52-week low of $10.00 after closing at $10.30 on Thursday. The 52-week high is $12.47. Volume was around 24 million, more than five times the daily average of around 4.3 million. The utility company had no specific news Friday.
Pandora Media Inc. (NYSE: P) dropped about 1.1% Friday to post a new 52-week low of $4.44 after closing at $4.49 on Thursday. The 52-week high is $14.10. Volume was around 14 million, 75% above the daily average of around 14.5 million. The company had no specific news.
[nativounit]
Real Industry Inc. (NASDAQ: RELY) dropped about 85% Friday to post a new 52-week low of $0.25 after closing at $1.70 on Thursday. The stock’s 52-week high is $6.70. Volume of around 14 million was about nine times the daily average. The company had no specific news.
Johnson Controls International plc (NYSE: JCI) dropped 5.2% Friday to post a new 52-week low of $36.49 after closing at $38.51 on Thursday. The 52-week high is $46.17. Volume was around 11 million, nearly three times the daily average of about 4.7 million. The company reported earnings yesterday that met expectations but still were not good enough.
[recirclink id=423326]
[wallst_email_signup]
Contact [email protected] for any questions or corrections.
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.